U.S. equities were mixed at midday on Friday, Sept. 29, 2023, after the inflation report favored by the Federal Reserve showed prices advanced at a slower pace than economists expected in August.  ( 17 min )

Adverse possession is a principle of real estate law that allows a person who possesses someone else's land for an extended period of time to claim legal title to that land.  ( 23 min )

Thirty-year mortgage rates have surged again, jumping almost another two-tenths of a point to take the flagship average into historic 8% territory.  ( 19 min )

Totaling a vehicle can be a financial headache, not to mention an inconvenience. Learn what you can do to get back on the road after totaling a car.  ( 21 min )

Catastrophe excess reinsurance is a policy that protects a catastrophe insurance company from insolvency following a disaster.  ( 18 min )

Capital at risk is the amount of capital that is set aside to cover risks.  ( 19 min )

Both CFDs and spread betting are types of leveraged investments, which offer significant market exposure with a small initial deposit. Learn more about how they work.  ( 23 min )

Contractors' all risks (CAR) insurance covers contractors for both damage to a property and third-party injury or damage claims throughout the construction period.  ( 21 min )

Shares of Blue Apron more than doubled after Wonder Group agreed to purchase the meal kit provider for $103 million.  ( 17 min )

The United Auto Workers expanded its strike against General Motors and Ford, but not Stellantis, as some progress has been made in negotiations, the union said on Friday.  ( 18 min )

Rising gas prices pushed up inflation in August and crowded out other spending in household budgets, according to an economic report that’s closely watched by officials at the Federal Reserve.  ( 20 min )

The guideline premium and corridor test (GPT) is used to determine whether an insurance product can be taxed as insurance rather than as an investment.  ( 20 min )

Nike shares soared after the athletic apparel retailer posted better-than-expected profit and slashed its inventory.  ( 17 min )

CDs can be helpful for consumers looking to put their money to work. We reviewed CD rates from EverBank (formerly TIAA Bank) so you can see if it makes sense for your finances.  ( 20 min )

Policyholder surplus is the assets of a mutual insurance company minus its liabilities, and it is one indicator of an insurance company’s financial health.  ( 18 min )

Political risk insurance provides financial protection to investors, financial institutions, and businesses that could lose money due to political events.  ( 19 min )

Life insurance guarantees a financial benefit to those outlined in the policy, and here are the eight largest life insurers in the United States.  ( 23 min )

A business automobile policy (BAP) covers the vehicles a company uses in the course of carrying out its business.  ( 19 min )

Insurance proceeds are benefit proceeds paid out by any type of insurance policy as a result of a claim.  ( 20 min )

An underwriter syndicate is a temporary group of investment banks and broker-dealers who come together to sell offerings of equity or debt securities.  ( 19 min )

Adjusted net worth is the value of an insurance company based on capital values, surplus values, and an estimated value of a business on the books.  ( 18 min )

The eurozone's annual rate of inflation fell to a two-year low of 4.3% in September after the ECB hiked rates to a record level to slow rising prices.  ( 17 min )

Indexed univeral life insurance is a lot like universal life insurance, however it does have a couple of wrinkles not found in traditional universal insurance policies. Universal life insurance comes in many different forms, from your basic fixed-rate policy to variable models that allow the policy holder to select various equity accounts in which they can invest.  ( 19 min )

Medical underwriting is the process of assessing the risk of providing health insurance coverage to an individual and setting the price accordingly.  ( 19 min )

Personal loans with low monthly payments can help you consolidate high-interest debt or pay for large purchases.  ( 23 min )

Direct premiums written are the total premiums received before taking into account reinsurance ceded.  ( 20 min )

Whether your car insurance covers theft depends on the type of coverage you purchased. Here's how to tell if you're covered—and how much you might get if your car is stolen.  ( 22 min )

Nike shares jumped after it reported better-than-expected earnings on lower inventories and the Federal Reserve’s preferred inflation measure is expected to have fallen in August. Here’s what investors need to know today.  ( 18 min )

Is your family looking to go someplace exotic for the holidays this year? Here, we'll tell you about five inexpensive places to visit.  ( 19 min )

Salvage titles are issued when a vehicle is considered a total loss. Learn how a salvage title works and how to apply for one if you need to.  ( 20 min )

The Federal Reserve System is the central bank of the United States and provides the nation with a safe, flexible, and stable financial system.  ( 31 min )

Before you bring a furry friend into your household, make sure you can handle the hefty financial commitment.  ( 22 min )

The Nasdaq led gains on Friday, but the major stock indexes were on track for sharp monthly and quarterly losses on the final trading day of September.  ( 40 min )

Energy-company stocks appear to be lagging crude oil prices recently. Looks can be deceiving. The price of U.S. crude oil has climbed about 9.5% in September, while the S&P 500 Energy subindex, which usually closely follows crude, has only notched a 3.4% gain. That's partly because "the price of U  ( 23 min )

President Joe Biden recently made history by being the first sitting president to join striking autoworkers on the picket line. Speaking through a bullhorn outside a General Motors Co. plant in Michigan, Biden voiced his support for the United Auto Workers union strike. "Wall Street didn't build the country. The middle class built the country, and unions built the middle class. And that's a fact. So, let's keep going," he said. "You deserve what you've earned, and you've earned a hell of a lot m  ( 32 min )

The market landscape for 4Q23 is starting to emerge through the fog, and some of the experts at banking giant J.P. Morgan are pleased with what they’re seeing. Despite an end-of-September sell-off sparked by the Fed’s indications of ‘higher rates for longer,’ JPMorgan Global Wealth Management global investment strategist, AJ Oden, believes the S&P 500 will hit a record high next year. According to Oden, the S&P may gain as much as 11% by the middle of next year, to reach above 4,800. This would  ( 36 min )

Higher prices today than those expected in the future means that energy stocks aren’t getting full credit for the rise in current prices. It’s good news for producers like Occidental Petroleum.  ( 22 min )

↗️ Nike (NKE): Shares jumped about 8% in early trading after the sportswear company reported better-than-expected profits on Thursday. Nike also said its inventories fell 10% from the previous year—a sign that the company is working through its inven  ( 24 min )

Brinker upgraded, Berkshire Hathaway downgraded: Wall Street's top analyst calls  ( 34 min )

US stocks rose at the open on Friday, as Wall Street assessed a fresh read on the Federal Reserve's preferred inflation gauge.  ( 38 min )

US stocks rose at the open on Friday, as Wall Street assessed a fresh read on the Federal Reserve's preferred inflation gauge.  ( 35 min )

Wonder Group is buying meal kit company Blue Apron for about $103 million as the company looks to enhance its offerings. Wonder Group, which was founded by e-commerce mogul Marc Lore, began with vans that would deliver meals to residences, making the final preparations curbside. Blue Apron has built itself into a known name in the meal kit sector, but it's faced increased competition over the years from other meal kit businesses, like Hello Fresh, as well as restaurant and grocery delivery services and at home chefs.  ( 32 min )

MIAMI (AP) — Carnival Corp. (CCL) on Friday reported fiscal third-quarter net income of $1.07 billion, after reporting a loss in the same period a year earlier. On a per-share basis, the Miami-based company said it had net income of 79 cents. For the current quarter ending in November, Carnival expects its results to range from a loss of 18 cents per share to a loss of 10 cents per share.  ( 32 min )

U.S. consumer spending increased in August, but underlying inflation moderated, with the year-on-year rise in prices excluding food and energy slowing to below 4.0%. With gasoline price surging, inflation as measured by the personal consumption expenditures (PCE) price index rose 0.4% in August after climbing 0.2% in July. In the 12 months through August, the PCE price index advanced 3.5% after rising 3.4% in July.  ( 33 min )

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US stocks pointed to a firmly higher open on Friday, as Wall Street waited for a fresh read on the Federal Reserve's preferred inflation gauge.  ( 34 min )

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Chipmaker Intel said on Friday it had begun high-volume production using extreme ultraviolet (EUV) lithography machines at its $18.5 billion plant in Ireland, calling it a "landmark" moment as it seeks to regain ground on its rivals. The EUV tools, which are theoretically precise enough to hit a person's thumb with a laser pointer from the moon, will play a key role in meeting Intel's goal of delivering five generations of technology in four years, the U.S. company said. The effort in Ireland is Intel's first attempt at high-volume manufacturing using EUV technology.  ( 32 min )

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(Bloomberg) -- When Jason Hsu saw Nvidia Corp. rally above $250 a share earlier this year, he gave his mom what he thought was a sage piece of advice: Sell your shares.Most Read from BloombergPakistan Rupee Set to Become Top Performing Currency Globally UAW Aims For At Least 30% Wage Bump to Woo New MembersBiden Impeachment Hearing Heavy on Politics, Light on SubstanceTop Chinese Scientist Claims India Moon Landing Nowhere Near South Pole‘Fortnite’ Maker Epic Games Is Cutting About 16% of StaffT  ( 33 min )

A raid by French authorities of the offices of a technology firm named as Nvidia in media reports is the latest among a string of such actions by European regulators as they look to check the dominance of Big Tech companies from thwarting competition. The French competition authority conducted the dawn raid on Wednesday on a company in the "graphics cards sector", it said. French newspaper Challenges and the Wall Street Journal identified the company as Nvidia.  ( 33 min )

US stocks pointed to a firmly higher open on Friday, as Wall Street waited for a fresh read on the Federal Reserve's preferred inflation gauge.  ( 33 min )

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The sale to food-delivery startup Wonder would end a disastrous six-year experiment with public ownership.  ( 27 min )

China's cyberspace regulator's proposal is seen as a move to boost business activity and is particularly good news for the country’s multinational companies.  ( 22 min )

Apple, Microsoft, Tesla, Alphabet, and Amazon.com advanced between 0.7% and 1.4% in premarket trading as two-year and 10-year Treasury yields declined. "A move lower in bond yields has given equity markets a much-needed reprieve," said Tim Waterer, chief market analyst at KCM Trade. With fears of high oil prices fueling inflation, investors are awaiting the U.S. central bank's preferred inflation metric- the personal consumption expenditures (PCE) price index, seen increasing 0.5% in August against a 0.2% gain in July.  ( 32 min )

While pay increases following the strike will take the shine off automakers’ margins, their electric vehicles are still making huge losses.  ( 27 min )

Nike's fiscal first-quarter earnings top analysts' estimates, Tesla is sued for racial harassment at its factory in California, and the UAW strike against the Big Three auto makers could expand Friday.  ( 22 min )

The headwinds are beginning to outnumber the tailwinds in the markets.  ( 34 min )

(Bloomberg) -- China Evergrande Group wiped out international investors, roiled financial markets and left thousands of suppliers in the lurch. Yet it was the developer’s failure to pay households who invested in its wealth management products that may have provided the last straw for Chinese authorities.Most Read from BloombergPakistan Rupee Set to Become Top Performing Currency Globally Biden Impeachment Hearing Heavy on Politics, Light on SubstanceUAW Aims For At Least 30% Wage Bump to Woo Ne  ( 35 min )

Among the 52 companies that MSCI categorizes as semiconductor makers, only Intel has avoided a share-price decline as the month draws to a close.  ( 36 min )

The defense contractor’s shares are cheap and the company is growing faster than its peers.  ( 22 min )

(Bloomberg) -- Oil buyers across the planet are facing some of the highest premiums for supplies they’ve seen in months — or longer — as dwindling stockpiles at the largest US storage hub reverberate through markets from Asia to the Middle East to Europe. Most Read from BloombergPakistan Rupee Set to Become Top Performing Currency Globally Biden Impeachment Hearing Heavy on Politics, Light on SubstanceUAW Aims For At Least 30% Wage Bump to Woo New MembersTop Chinese Scientist Claims India Moon L  ( 33 min )

(Bloomberg) -- BlackBerry Ltd. Chief Executive Officer John Chen expects a “better than 50-50 chance” of wrapping a strategic company review before his contract expires in November, setting up a takeover or overhaul of the former tech darling.Most Read from BloombergPakistan Rupee Set to Become Top Performing Currency Globally Biden Impeachment Hearing Heavy on Politics, Light on SubstanceUAW Aims For At Least 30% Wage Bump to Woo New Members‘Fortnite’ Maker Epic Games Is Cutting About 16% of St  ( 32 min )

Yields on 30-year Treasuries are on track for their largest quarterly jump since 2009, stoking anxiety that the bond rout of the past few months could reverberate across financial markets.  ( 33 min )

Oil prices fell in early trade on Friday after a recent rally, as profit-taking and expectations of supply increases by Russia and Saudi Arabia outweighed forecasts of positive demand from China during its Golden Week holiday. Oil prices had eased about 1% on Thursday, as traders took profits after prices soared to 10-month highs, and some worried that high interest rates may weigh on oil demand. "Oil prices recent rally paused overnight," National Australia Bank said in a note.  ( 33 min )

"The odds are higher than the market is currently discounting that the Saudis will take their foot off the brake sooner."  ( 33 min )

De NS mag in de toekomst alleen een hoger tarief in de spits vragen als andere opties om te spits te verlichten niet werken. Dat staat in het nieuwe contract dat de spoorvervoerder voor de komende jaren sluit. Een spitsheffing van 2,50 euro is daardoor op korte termijn van de baan.  ( 4 min )

Het demissionaire kabinet houdt vol dat de extra wensen van de Tweede Kamer om de koopkracht volgend jaar te verbeteren niet helemaal in orde zijn. Ze overtreden begrotingsregels, de effecten zijn niet duidelijk en de financiering deugt niet.  ( 8 min )

De Franse autoriteiten zijn een onderzoek begonnen naar mogelijke witwaspraktijken rond Bernard Arnault, de rijkste man van Europa. Hij zou samen met een Russische oligarch betrokken zijn bij een complexe deal rondom woningen in het luxueuze Franse skioord Courchevel.  ( 3 min )

De vergunning voor de fusie van PostNL en Sandd is in 2019 terecht geweigerd, stelt de rechtbank Rotterdam vrijdag. De zaak is opmerkelijk, aangezien ze inmiddels al jaren één bedrijf zijn. PostNL stelde eerder dat de fusie niet meer ongedaan kan worden gemaakt.  ( 4 min )

De update voor de iPhone 12 die Apple in Frankrijk heeft uitgebracht, stelt de Franse overheid gerust. Na de update is er geen sprake meer van een te hoog stralingsniveau en voldoet de telefoon aan Europese normen.  ( 4 min )

De inflatie, de mate waarin de prijzen stijgen, is historisch laag deze maand. Houden we dan eindelijk meer geld over in onze portemonnee? "Het inflatiecijfer geeft een vertekend beeld", zegt Rabobank-econoom Hugo Erken.  ( 5 min )

Het windmolenpark Hollandse Kust Zuid is vrijdag officieel geopend, ook al is het nog niet helemaal af. Het windpark moet een hoeveelheid energie opwekken die gelijkstaat aan het stroomverbruik van anderhalf miljoen huishoudens. Als het hard waait nog iets meer.  ( 4 min )

Met 3.800 kilometer aan stroomkabels tussen Marokko en het Verenigd Koninkrijk kunnen zeven miljoen Britse huishoudens worden voorzien van zonnestroom en windenergie uit Noord-Afrika. De Britse regering roemt het project van het bedrijf Xlinks.  ( 4 min )

De inflatie van eurolanden is in september flink afgenomen. Consumentenprijzen stegen met 4,3 procent ten opzichte van september vorig jaar. Dat is het laagste niveau sinds oktober 2021. Net als in Nederland komt de afname vooral doordat energie goedkoper werd.  ( 5 min )

Kinderen moeten altijd toegang houden tot basisvoorzieningen zoals water, gas en een dak boven hun hoofd, stellen experts uit Commissie sociaal minimum. Als ouders niet op tijd de rekening betalen, kunnen kinderen daar ernstig de dupe van worden.  ( 5 min )

Thuisbezorgd gaat een verdere samenwerking aan met flitsbezorgers. Via de app van de maaltijdbezorger kon je al boodschappen van Getir bestellen. Nu kun je ook producten van Gorillas toevoegen aan je digitale boodschappenmand.  ( 4 min )

Duitsland haalt steeds meer energie uit hernieuwbare bronnen. In de eerste helft van 2023 kwam 52 procent van alle verbruikte stroom uit zon en wind. In Nederland lopen we nog iets achter op onze oosterburen.  ( 3 min )

Een half miljoen mensen die geen belastingaangifte deden over 2022 en waarschijnlijk recht hebben op teruggave, krijgen een dezer dagen een brief. Volgens de Belastingdienst kunnen ze gemiddeld 444 euro terug verwachten.  ( 6 min )

De omzet van winkeliers is in augustus met 5,9 procent gestegen ten opzichte van dezelfde maand vorig jaar. Maar dat kwam vooral door prijsstijgingen. Want consumenten kochten juist 2,1 procent minder spullen in de winkel.  ( 3 min )

De inflatie is in de maand september hard afgenomen naar 0,2 procent, het laagste niveau sinds 2016. Dat kwam vooral door lagere energieprijzen. Boodschappen zijn nog steeds 10 procent duurder dan in september vorig jaar.  ( 3 min )

Nike heeft in het eerste kwartaal van zijn gebroken boekjaar meer omzet gedraaid dan in dezelfde periode vorig jaar. Vooral consumenten in Europa, het Midden-Oosten en Afrika, maar ook in de regio Azië-Pacific en Latijns-Amerika meer uit aan schoenen en kleding van het merk.  ( 4 min )

Een half miljoen mensen die geen belastingaangifte deden over 2022 en waarschijnlijk recht hebben op teruggave, krijgen een dezer dagen een brief. Volgens de Belastingdienst kunnen ze gemiddeld 444 euro terug verwachten.  ( 6 min )

U.S. equities gained at midday on Thursday, Sept. 28, 2023, after a report showing consumer spending slowed, and oil prices fell.  ( 1 min )

U.S. equites rose, with the S&P 500 advancing 0.6% on Thursday, Sept. 28, 2023, as a report showed consumer spending slowed in the second quarter, and oil prices tumbled.  ( 1 min )

CarMax shared dropped after reporting a profit below forecasts as demand for used vehicles slowed and it spent more to cover potential losses from bad loans.  ( 1 min )

Accenture shares dropped to their lowest level since June after its revenue and full-year outlook missed estimates as new bookings declined.  ( 1 min )

Shares of Workday sank after the human resources technology provider slashed its revenue outlook because of economic uncertainties.  ( 1 min )

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Some of the biggest hedge fund managers have talked to Insider about what it takes to join their ranks. Here's what we know.  ( 33 min )

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Today's best CD rates are 5.80% from Credit Human for a take-your-pick term between 12 and 17 months, and 5.76% from TotalDirectBank for a 6-month CD term.  ( 21 min )

Analyst James Shanahan cited the stock's strong performance versus other financial companies.  ( 22 min )

Nike is reported earnings on Thursday as investors remain focused on any signs of a consumer slowdown in North America and slower growth in China.  ( 33 min )

The fund's new strategy to combine ether and bitcoin will be effective formally on Oct. 3.  ( 32 min )

French antitrust authorities conducted a surprise raid on a graphics card company this week — and reports say that company was NVIDIA.  ( 32 min )

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General Electric failed to persuade a Manhattan federal judge to dismiss a long-running shareholder lawsuit accusing it of concealing risks at its power business, and the judge on Thursday urged both sides to settle. U.S. District Judge Jesse Furman said shareholders could pursue much of their remaining six-year-old class action regarding Boston-based GE's reliance on factoring in connection with long-term service agreements at GE Power. Shareholders led by two pension funds said the power unit grew increasingly reliant on factoring, or the sale of future revenue for cash, to boost reported revenue while sacrificing future cash flows.  ( 32 min )

The Equal Employment Opportunity Commission is suing electric vehicle maker Tesla for a pervasive pattern of racial abuse at a California plant.  ( 32 min )

New investors often make the mistake of chasing high-yielding stocks without giving enough thought to the quality of those companies and the sustainability of the dividends. With real estate investment trusts (REITs), one way to assess whether a company can continue paying out the current dividend in the future is to look at the dividend amount in relation to the forward funds from operations (FFO) with a simple formula called the "payout ratio." The payout ratio is derived by dividing the annua  ( 35 min )

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Artificial intelligence (AI) has become the hottest trend in the tech sphere. Just take a look at Nvidia Corp. (NASDAQ:NVDA), which has been one of the biggest beneficiaries of investors' increasing enthusiasm for AI. Shares of the chip-making giant have surged 191% year to date, allowing the company to cross $1 trillion in market cap. But according to ARK Invest CEO Cathie Wood, there could be better ways to gain access to the booming sector. "We're really focused on those companies that most p  ( 33 min )

The retailer is selling one-ounce gold bars on its website. The bars are so coveted, they often sell out hours after they are listed on the website.  ( 22 min )

"How fast it transpires, I think, is going to be a function of that supply-demand issue, so I'm watching that very closely," said Dalio, founder of hedge fund Bridgewater Associates, in the interview. The country's debt has been under the spotlight in recent months after political brinkmanship around the debt limit earlier this year brought the U.S. close to a default.  ( 31 min )

At age 99, Berkshire Hathaway Inc. Vice Chairman Charlie Munger's life spans pivotal eras of economic transformation. From the depths of the Great Depression to the financial tremors of the Great Recession, he's seen it all. Munger recalls a time when the minimum wage was 40 cents per hour. Such experiences, set against a backdrop of technological evolutions and geopolitical gyrations, have provided him with a unique lens through which he views investing. Today, Munger is one of the most esteeme  ( 33 min )

Tech has surged, the Fed is well into a tightening cycle, and yields on fixed-income securities have risen materially. Luckily, this is 2023, not 2000, and we know better now.  ( 22 min )

U.S. prosecutors on Thursday announced criminal insider trading charges against a former Goldman Sachs and Blackstone analyst and two friends over a scheme to trade on nonpublic information about planned mergers and strategic partnerships. Authorities said former analyst Anthony Viggiano, 26, of Baldwin, New York, passed tips on at least eight transactions between 2021 and 2023 to Christopher Salamone, 35, a construction sales representative he has known for two decades and who grew up on the same block. Viggiano also allegedly tipped his college friend Stephen Forlano, 27, who tipped others including his college friend Nathan Bleckley, 26, a U.S. Army captain.  ( 32 min )

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Congress could soon change how spouses access their retirement accounts. A pair of Democratic bills recently introduced in the House and Senate would require spouses to consent before either one can make any withdrawals from their 401(k) accounts. The bills, sponsored by Rep. Lauren Underwood, D-Illinois, and Sen. Tammy Baldwin, D-Wisconsin, seek to amend the […] The post Spouses May Soon Need to Agree on 401(k) Withdrawals Under This Proposed Law appeared first on SmartReads by SmartAsset.  ( 32 min )

A $4 million nest egg will likely allow you to retire comfortably at age 55. The major challenge will be accumulating that much capital by 55 – about a decade before most people stop working. Other issues include the need to … Continue reading → The post Is $4 Million Enough to Retire on at 55? appeared first on SmartAsset Blog.  ( 32 min )

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(Bloomberg) -- BlackRock Inc. is the latest exchange-traded fund issuer to take aim at the runaway success of JPMorgan Chase & Co.’s biggest active strategy. Most Read from BloombergElon Musk Wins US Space Force Contract for StarshieldPakistan Rupee Set to Become Top Performing Currency Globally China Puts Evergrande’s Billionaire Founder Under Police ControlPeloton Soars After Deal With Lululemon to Share Fitness ContentEvergrande’s Billionaire Chairman Hui Is Under Police SurveillanceThe activ  ( 33 min )

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The Baby Boomer generation is reaching retirement age in record numbers. With more Boomers retiring on a daily basis, it helps to understand how prepared they are to leave their jobs for good. In this article, we’ll discuss the average … Continue reading → The post Average Retirement Savings for Baby Boomers appeared first on SmartAsset Blog.  ( 35 min )

A report says Cliffs has signed a so-called standstill agreement with U.S. Steel.  ( 22 min )

Everyday investors are hungry for gold. If you need evidence, just look at Costco. The retail giant has one-ounce gold bars for sale, which Chief Financial Officer Richard Galanti earlier this week said sell  ( 23 min )

Costco said it's now selling 1-ounce gold bars, but can't keep them in stock because of strong demand.  ( 32 min )

It was only a matter of time before JetBlue Airways issued updated third-quarter guidance. It was never going to be higher.  ( 22 min )

Mortgage rates climbed again for standard 30-year and 15-year loans, raising both averages to their highest levels in more than 20 years. Most other averages held steady.  ( 19 min )

Pending home sales for August plunged 7.1% from the month before, according to the National Association of Realtors.  ( 33 min )

Along with the markets’ recent pullback, so has Cathie Wood’s flagship Ark Innovation ETF (ARKK) handed back some of the year’s prior gains. Nevertheless, it has still outpaced the broader markets this year. And despite growing bearish macro concerns, looking at how Wood expects the landscape to shape up, the ARK Invest CEO is optimistic her innovation-first approach will continue to deliver. “I do think that what’s happening this year is that the market is starting to look over the Fed’s moves…  ( 35 min )

Spotify downgraded, Tractor Supply upgraded: Wall Street's top analyst calls  ( 34 min )

Apple stock has fallen more than 10% since its July highs. Here's what analysts are saying about the iPhone maker's prospects.  ( 22 min )

The used-car seller says 'vehicle affordability challenges' weighed on second-quarter sales.  ( 22 min )

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Here's how much of the prize you would take home after taxes and five ways to invest your windfall.  ( 32 min )

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Apple stock has fallen more than 10% since its July highs. Here's what analysts are saying about the iPhone maker's prospects.  ( 22 min )

Chico's is being acquired by Sycamore Partners for $1 billion.  ( 22 min )

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Battle Road Research analyst Ben Rose upgraded Tesla stock to the equivalent of Buy. The electric-vehicle maker has recently endured a series of negative headlines.  ( 22 min )

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The used-car seller says 'vehicle affordability challenges' weighed on second-quarter sales.  ( 22 min )

Billionaire Ryan Cohen, the largest individual investor in GameStop, is taking over as CEO at the video game retailer. Cohen is already the board chairman and the company's largest individual investor. The CEO job at GameStop, which became one of the most well-known meme stocks to create a frenzy among retail traders on Wall Street, has become a rotating door with the company trying to survive as technology upends the gaming industry.  ( 32 min )

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Accenture posts fiscal fourth-quarter earnings of $2.71 a share on revenue of $15.99 billion.  ( 22 min )

Sam Bankman-Fried, 31, is facing fraud and conspiracy charges linked to FTX, which was once valued at $32 billion.  ( 35 min )

Top blockchain and crypto news: U.S. lawmakers berate SEC over ETF applications. NFTs down but not dead. Hong Kong sees year’s biggest crypto heist so far.  ( 38 min )

Wall Street stocks opened in the red on Thursday, before recovering as investors digested fresh GDP data.  ( 41 min )

Wall Street stocks opened in the red on Thursday, before recovering as investors digested fresh GDP data.  ( 38 min )

Wall Street stocks opened in the red on Thursday, struggling to shake off a downbeat mood as investors digested fresh GDP data.  ( 35 min )

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Nio has held exploratory talks with Mercedes-Benz for a tie-up that would see the German automaker invest in the Chinese electric vehicle startup in exchange for technology, two people with direct knowledge of the matter said. Nio's founder and chief executive William Li discussed the potential collaboration with Mercedes CEO Ola Kaellenius earlier this year, seeking an investment from the latter in exchange for loss-making Nio sharing its research and development capabilities with Mercedes, said the sources. The talks did not reach a stage where details on the technology to be transferred and the potential financial investment were discussed, they said.  ( 33 min )

Converting a traditional IRA to a Roth IRA can help you minimize taxes in retirement. But executing the conversion strategically is key to maximizing the benefits. A recent Schwab retirement planning report recommends three tactics to reduce your Roth conversion tax bill: max out your current bracket, spread conversions over multiple years and start planning […] The post Make the Most of a Roth Conversion With These Strategies from Schwab appeared first on SmartReads by SmartAsset.  ( 34 min )

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Appointment of the chairman to additional role ends a monthslong stretch during which the videogame retailer pursued turnaround efforts without a CEO.  ( 26 min )

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Pfizer is partnering up with Boston synthetic biology firm Ginkgo Bioworks, plus other life sciences news you may have missed.  ( 24 min )

Vladimir Putin will be unable to protect citizens from the pain  ( 35 min )

Fiscal fourth-quarter revenue at chip maker Micron falls sharply from a year earlier, Peloton stock surges after signing a five-year partnership with Lululemon, and Nike and CarMax are scheduled to report earnings Thursday.  ( 22 min )

The combination of multiple challenges has created an environment that "rhymes with 2008," JPMorgan's chief market strategist writes.  ( 34 min )

Rich Boyer, head of the UAW's Stellantis department, is skeptical about company plans for an Illinois plant that once supported 5,000 jobs.  ( 33 min )

Yaccarino says advertisers are returning to the Elon Musk-owned platform.  ( 31 min )

Ams-Osram shares fell by almost a fifth after it revealed plans to raise more than €2 billion through a capital increase, new bonds, and the sale of part of its semiconductor business.  ( 26 min )

Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: a Sell initiation at RTX, and downgrades at NextEra Energy, Terex, and South State. Nextera Energy Partners (NYSE:NEP) received two downgrades after the company revised its growth expectations and limited equity needs. This reduction is attributed to the inability to accretively add drop-downs from its parent company Nextera Energy (NYSE:NEE), due to a higher cost of capital.  ( 33 min )

Trading in the shares of China Evergrande and two of its publicly listed units was suspended following reports that the property developer’s chairman had been placed under police surveillance.  ( 28 min )

With demand for athletic wear slowing, the debate between the bears and the bulls rages on.  ( 22 min )

Brent crude is climbing toward $100 a barrel after the two OPEC+ nations made a risky choice to slice their production.  ( 27 min )

(Bloomberg) -- China Evergrande Group’s shares have suspended trading in Hong Kong, along with those of its property services and electric vehicle units. Most Read from BloombergChina Puts Evergrande’s Billionaire Founder Under Police ControlCitadel Is Ready to Fight With SEC Over WhatsApp ProbeElon Musk Wins US Space Force Contract for StarshieldBond Selloff Grinds on as Oil Tests $94 a Barrel: Markets WrapLululemon Strikes Deal With Peloton for Fitness Content, Will Ax Mirror DeviceNo reason w  ( 31 min )

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Obtain information, both general and comparative, about the best available financial modeling courses for individuals pursuing a career in investment banking.  ( 21 min )

Today's best CD rates are 5.80% from Credit Human for a take-your-pick term between 12 and 17 months, and 5.76% from TotalDirectBank for a 6-month CD term.  ( 19 min )

Debit and credit cards look the same and can be used for many of the same purposes. However, there are some key differences you need to know.  ( 24 min )

The average daily balance method is a common way that credit card issuers calculate interest charges, based on the total amount owed on a card at the end of each day.  ( 23 min )

A void transaction is a credit or debit card purchase that is canceled before money moves from the cardholder's account to the merchant's account.  ( 22 min )

How the Firestone credit card works and the benefits it has to offer, including both the store card and Mastercard versions.  ( 24 min )

Foreign transaction fees and currency conversion fees apply to two different parts of an overseas credit card transaction—the transaction itself and the currency involved.  ( 24 min )

Student loan borrowers are seeing thousands in savings when they change to the new SAVE income-driven repayment plan.  ( 18 min )

Car insurance can protect drivers from potentially devastating financial liability after an accident. Here is how car insurance works.  ( 21 min )

A chip-and-PIN card is a type of credit card that requires the cardholder to authorize the transaction by entering their personal identification number (PIN).  ( 23 min )

An insurance company credit rating indicates an insurance company's solvency, financial strength, and ability to pay policyholder claims.  ( 19 min )

Credit criteria are the various factors that lenders take into account in deciding whether or not to approve a loan or other form of credit.  ( 25 min )

U.S. equites rose, with the S&P 500 advancing 0.6% on Thursday, Sept. 28, 2023, as a report showed consumer spending slowed in the second quarter, and oil prices tumbled.  ( 16 min )

GDP is the primary indicator used to measure a country's economic health but a more accurate picture of well-being may be formed when GDP is combined with GPI.  ( 28 min )

For the first time since 2007, the 10-year U.S. Treasury yield has returned to its long-term average of 4.5%, so instead of simply reducing portfolio risk, you can invest in these bonds as a cash-producing alternative.  ( 19 min )

With so many different ways to pay for school, you might look into taking out a personal loan as a student. You might even be able to pay for school using a personal loan, but should you?  ( 23 min )

If you’re looking for ways to pay for school, you have a few options, including Parent PLUS loans vs. private student loans.  ( 21 min )

A range of online companies offer personal loans for $35,000 or more with reasonable rates and terms.  ( 22 min )

There are plenty of purposes of a $5,000 personal loan, with top options including debt consolidation and financing large purchases.  ( 22 min )

The Nasdaq-100 Pre-Market Indicator (PMI) gives an indication of the opening price for the Nasdaq 100 each trading day.  ( 22 min )

The Consolidated Omnibus Budget Reconciliation Act (COBRA) provides for continuing health insurance coverage for employees who lose their jobs.  ( 22 min )

Accenture shares dropped to their lowest level since June after its revenue and full-year outlook missed estimates as new bookings declined.  ( 16 min )

Shares of Workday sank after the human resources technology provider slashed its revenue outlook because of economic uncertainties.  ( 17 min )

Liquidity refers to the ease with which an asset, or security, can be converted into ready cash without affecting its market price.  ( 27 min )

Mortgage rates surged to a new high this week, with the average rate on Freddie Mac's 30-year fixed-rate mortgage at 7.31%—the highest since 2000.  ( 17 min )

Independent insurance adjusters work for the insurance company but through a third party that specialized in homeowners or other types of insurance claims.  ( 21 min )

Out of 578 U.S. counties that ATTOM Data analyzed, housing was affordable in only 21% of them in the third quarter.  ( 18 min )

Cost of debt is the effective rate that a company pays on its current debt as part of its capital structure.  ( 29 min )

Microsoft hopes to strengthen its position in the AI landscape as partner OpenAI relaunches a ChatGPT update that includes most-recent information and Microsoft's Bing.  ( 18 min )

Underwriting income is profit generated by an insurer's underwriting activity. It is the difference between premiums collected and claims paid out.  ( 19 min )

A lead underwriter is usually an investment bank that organizes an IPO or a secondary offering for companies that are already publicly traded.  ( 19 min )

The transfer of risk is the primary tenet of the insurance business, in which one party pays another to bear the costs of some potential expenses.  ( 18 min )

Fronting policy is a risk management technique in which an insurer underwrites a policy to cover a specific risk, but then cedes to a reinsurer.  ( 18 min )

Year to date (YTD) refers to the period of time beginning on the first day of the current calendar year or fiscal year and extending up to the current date.  ( 26 min )

An aggregate limit is a cap on the maximum amount an insurer will pay in claims to a policyholder over a set period, usually one year.  ( 18 min )

Level-Premium Insurance is a term life insurance where the premiums remain the same throughout the duration of the contract.  ( 22 min )

Financial companies have implemented many products and services utilizing automated technology. Learn how to open a robo-advisor account and automate your portfolio.  ( 24 min )

If you want to trade stocks or bonds, you’ll need to open an online brokerage account. Learn what you need to open an online brokerage account and how to do it.  ( 22 min )

Discover why shareholder rights plans are known as poison pills, why they're used, and learn about their benefits and drawbacks for a company's shareholders.  ( 23 min )

Investors who want to participate in the gambling industry have the option of investing in gambling ETFs. The two available in the United States are BJK and BETZ.  ( 24 min )

A commercial property floater is a rider added to a business insurance policy to protect property that may be used in many different locations.  ( 19 min )

Automated Valuation Model (AVM) is a real estate appraisal approach that uses statistical modeling techniques and software to value properties.  ( 21 min )

An evening star is a stock-price chart pattern used by technical analysts to detect when a trend is about to reverse. It's bearish and the opposite of a morning star.  ( 21 min )

The Federal Reserve Board (FRB) is the governing body of the Federal Reserve System, the U.S. central bank in charge of making monetary policy  ( 22 min )

Reciprocal insurance exchanges are where individuals and businesses exchange insurance contracts to spread the risk among themselves.  ( 23 min )

U.S. equities gained at midday on Thursday, Sept. 28, 2023, after a report showing consumer spending slowed, and oil prices fell.  ( 16 min )

An appraised value is a professional assessment of the condition and worth of a piece of property at a specific point in time.  ( 20 min )

A CareCredit healthcare credit card can be used by pet parents to help cut the costs of high veterinary care costs.  ( 23 min )

Malpractice insurance is professional liability insurance that protects healthcare professionals against patient or client lawsuits.  ( 20 min )

CarMax shared dropped after reporting a profit below forecasts as demand for used vehicles slowed and it spent more to cover potential losses from bad loans.  ( 17 min )

Micron Technology shares fell in early trading Thursday after the company issued weaker-than-expected guidance for the current quarter, despite beating revenue and profit expectations for the quarter ended August 31.  ( 18 min )

From caves to condos, we look at how homo sapiens has hunted for a home throughout history, with access to ownership of land and housing gradually opening up to more people.  ( 25 min )

Video game retailer GameStop named executive chair and activist investor Ryan Cohen as its president and CEO.  ( 17 min )

A government shutdown would disrupt services and damage the economy. It is now just days away, with a compromise looking less likely.  ( 18 min )

Learn what steps need to be taken in order to obtain the Financial Risk Manager designation.  ( 20 min )

The U.S. dollar was first minted in 1914. Find out what made the U.S. dollar the world's reserve currency.  ( 23 min )

Building an effective business launch plan requires careful consideration of several key topics: market research, a business plan, funding, legal aspects, and marketing strategy. This article covers the key things entrepreneurs should know about each of these and more.  ( 26 min )

Toyota Motors (TM) global sales in August reached an all-time high, on the back of record output driven by enhanced supply conditions and heightened demand.  ( 17 min )

A death benefit is a payout to the beneficiary of a life insurance policy, annuity, or pension when the insured or annuitant dies. Learn about taxation and claiming.  ( 22 min )

Frequency-severity method is an actuarial method that determines the expected number of claims (and average costs) that will be received during a given time.  ( 19 min )

Explore the impact of real value and nominal value on stock trading. Determine or learn how these values are assigned and what causes them to change.  ( 22 min )

Peloton shares jumped after signing a five-year global partnership agreement with Lululemon.  ( 17 min )

Mortgage rates climbed again for standard 30-year and 15-year loans, raising both averages to their highest levels in more than 20 years. Most other averages held steady.  ( 19 min )

Uninsured motorist (UM) coverage may pay a policyholder's damages after an accident with a driver who does not have insurance or a hit-and-run.  ( 24 min )

Underinsured motorist coverage is a type of auto insurance that covers property damage and medical bills from an accident caused by a driver with insufficient insurance.  ( 23 min )

Calculating gross domestic product, or GDP, with the expenditure approach is the same as the formula for aggregate demand.  ( 21 min )

Bitcoin Pizza Day is the day a Florida man bought two pizzas for 10,000 bitcoins, now worth millions.  ( 19 min )

Capitation payments are monthly payments received by a physician, clinic, or hospital per patient enrolled in a health plan with a capitated contract.  ( 24 min )

A profile of the most effective ways life insurance agents find leads including company leads, third-party leads, LinkedIn and networking.  ( 25 min )

The United Auto Workers threatened to expand its strike against Detroit’s automakers and GameStop named billionaire activist investor Ryan Cohen its chair and CEO. Here’s what investors need to know today.  ( 19 min )

Actuarial science is a discipline that assesses financial risks in the insurance and finance fields, using mathematical and statistical methods.  ( 24 min )

Peloton shares jumped after signing a five-year global partnership agreement with Lululemon.  ( 1 min )

The United Auto Workers threatened to expand its strike against Detroit’s automakers and GameStop named billionaire activist investor Ryan Cohen its chair and CEO. Here’s what investors need to know today.  ( 1 min )

Video game retailer GameStop named executive chair and activist investor Ryan Cohen as its president and CEO.  ( 1 min )

Toyota Motors (TM) global sales in August reached an all-time high, on the back of record output driven by enhanced supply conditions and heightened demand.  ( 1 min )

Micron Technology shares fell in early trading Thursday after the company issued weaker-than-expected guidance for the current quarter, despite beating revenue and profit expectations for the quarter ended August 31.  ( 1 min )

De Europese Commissie wil de acht kandidaat-lidstaten meer geld geven zodat ze zich sneller kunnen voorbereiden op het lidmaatschap van de Europese Unie. Ook moeten de landen alvast toegang krijgen tot de interne markt.  ( 4 min )

Komend weekend gaat een fabriek open die buitenlands gas geschikt maakt voor Nederlandse huishoudens. De opening valt samen met het einde van de gaswinning in Groningen.  ( 3 min )

De rechtbank Oost-Brabant heeft Vacansoleil failliet verklaard, meldt de reisorganisatie. Het bankroet volgt op het uitstel van betaling, dat het bedrijf dinsdag aanvroeg. Volgens Vacansoleil werkt het aan een oplossing voor klanten die nu op vakantie zijn of nog gaan.  ( 3 min )

Statiegeldbekers bij McDonald's lijken nog geen groot succes. Sinds juli kunnen klanten bij afhaalmaaltijden kiezen voor een hardere, plastic beker met 1 euro statiegeld. Ondanks het statiegeld wordt maar een kwart van de bekers teruggebracht.  ( 4 min )

Netbeheerder Liander ziet dat het elektriciteitsnet op steeds meer plekken vol is. Zo zijn er recent knelpunten ontstaan in Flevoland, Friesland, Gelderland, Noord-Holland en Zuid-Holland. En dat zorgt voor de nodige problemen.  ( 3 min )

Netbeheerder Liander ziet dat het elektriciteitsnet op steeds meer plekken vol is. Zo zijn er recent knelpunten ontstaan in Flevoland, Friesland, Gelderland, Noord-Holland en Zuid-Holland. En dat zorgt voor de nodige problemen.  ( 3 min )

Nog minder reclame, een maximaal gokbedrag en een zorgplicht voor online kansspelaanbieders. Het zijn een paar voorstellen die de Nationaal Rapporteur Verslavingen (NRV) donderdag doet om de schade van online gokken te beperken en te voorkomen.  ( 5 min )

Nog minder reclame, een maximaal gokbedrag en een zorgplicht voor online kansspelaanbieders. Het zijn een paar voorstellen die de Nationaal Rapporteur Verslavingen (NRV) donderdag doet om de schade van online gokken te beperken en te voorkomen.  ( 5 min )

De gemeente Amsterdam wil investeren in buurtteams en de afvalinzameling en gaat daarom extra geld vragen aan toeristen. De opslag voor hotelgasten en cruisepassagiers die de stad bezoeken gaat volgend jaar omhoog, blijkt uit de nieuwe gemeentebegroting.  ( 4 min )

Vooralsnog komt er geen verkoopverbod voor de Apple iPhone 12 in Nederland. Het toestel geeft in sommige gevallen te veel straling af, maar dat zorgt niet voor directe gezondheidsrisico's. Daarom wacht toezichthouder RDI een aanpassing van Apple af.  ( 3 min )

Gemeenten keren zeer uiteenlopende bedragen uit aan financieel kwetsbare mensen. De verschillen kunnen oplopen tot honderden euro's. Volgens de Commissie sociaal minimum is de verhouding tussen gemeenten en de Rijksoverheid problematisch.  ( 8 min )

Gemeenten keren zeer uiteenlopende bedragen uit aan financieel kwetsbare mensen. De verschillen kunnen oplopen tot honderden euro's. Volgens de Commissie sociaal minimum is de verhouding tussen gemeenten en de Rijksoverheid problematisch.  ( 6 min )

Verzekeraars NN, ASR en Aegon zien hun aandelenkoers weer dalen. Woensdag leden de bedrijven al forse verliezen door een tegenvallende uitspraak in een woekerpoliszaak. Ook op donderdag verkopen beleggers hun aandelen in de verzekeraars.  ( 4 min )

Bij een aanval van Chinese hackers op de mailbox van het Amerikaanse ministerie van Buitenlandse Zaken zijn eerder dit jaar 60.000 mails gestolen. Dat zegt een stafmedewerker van de Senaat tegen persbureau Reuters.  ( 3 min )

Veel analisten verwachten dat de Europese Centrale Bank (ECB) na de reeks van tien renteverhogingen een pauze inlast. Maar de Nederlandse ECB-directeur Frank Elderson denkt dat de rente in oktober toch verder omhoog kan.  ( 3 min )

Door een grote IT-storing viel een aantal Volkswagen-fabrieken in Duitsland vanaf woensdagavond stil. Donderdagochtend kan de productie weer beginnen, meldt het bedrijf.  ( 3 min )

Nederlandse consumenten gaven 16,3 miljard euro uit in de eerste helft van dit jaar. Dat is 2 procent meer dan in 2022. Het winkelend publiek geeft digitaal steeds vaker geld uit aan reizen en entertainment. Kleding en beautyproducten zijn minder populair.  ( 4 min )

Door een grote IT-storing viel een aantal Volkswagen-fabrieken in Duitsland vanaf woensdagavond stil. Donderdagochtend kan de productie weer beginnen, aldus het bedrijf  ( 3 min )

Nederlandse consumenten gaven 16,3 miljard euro uit in de eerste helft van dit jaar. Dat is 2 procent meer dan in 2022. Het winkelend publiek geeft digitaal steeds vaker geld uit aan reizen en entertainment. Kleding en beautyproducten zijn minder populair.  ( 3 min )

De ene na de andere winkelketen gaat de laatste tijd failliet. Volgens retailkenners komt dit door de inflatie en doordat de ketens niet weten wat de consument wil. En dat gaat nog meer slachtoffers maken, denken ze.  ( 5 min )

The S&P 500 was little changed, adding 0.02% on Wednesday, Sept. 27, 2023, and oil industry stocks gained as oil prices surged amid supply concerns.  ( 1 min )

U.S. crude oil inventories fell by more than 2 million barrels last week, hitting their lowest since 1985. That could have far-reaching implications on oil prices and, by extension, prices at the gas pump.  ( 1 min )

As companies around the world face mounting pressure to deliver on environmental, social and governance goals, 75% of firms surveyed by KPMG say they aren't ready for ESG-related assessments.  ( 1 min )

U.S. equities were lower at midday on Wednesday, Sept. 27, 2023 as oil prices jumped and the deadline for a possible government shutdown neared.  ( 1 min )

What should we make of today’s market conditions? Investors have started digesting how the Federal Reserve’s ‘higher for longer’ interest rate policy will impact the economy, and they’re not pleased with the prospect. Other challenges on the horizon include an increasing probability of a government shutdown as Congress grapples with partisan disagreements over annual budget resolutions, declining consumer confidence as worries mount, and a sharp surge in oil prices on the commodity trading floor  ( 35 min )

A U.S. judge on Wednesday refused to overturn a California county's decision to block Exxon Mobil Corp from using tanker trucks to ship crude oil from coastal facilities to inland refineries while a ruptured pipeline is fixed. U.S. District Judge Dolly Gee in Los Angeles denied Exxon's bid to reverse the Santa Barbara County Board of Supervisors' denial of a trucking permit in early 2022, saying the board's decision was substantially supported by evidence that transporting crude oil by tanker trucks could present safety concerns on state highways. Gee ruled that while Exxon has a right to operate its offshore oil platforms and related infrastructure in the area, it does not have a vested or fundamental right to use trucks to transport its crude while the pipeline system is fixed.  ( 33 min )

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When Costco lists gold bars for sale online, "they're typically gone within a few hours and we limit two per member," its CFO told investors.  ( 32 min )

(Bloomberg) -- Palantir Technologies Inc. has won a $250 million contract with the US Defense Department to research and develop artificial intelligence and machine learning technology.Most Read from BloombergChina Puts Evergrande’s Billionaire Founder Under Police ControlCitadel Is Ready to Fight With SEC Over WhatsApp ProbeBond Selloff Grinds on as Oil Tests $94 a Barrel: Markets WrapRepublican Moderates Turn to Rare Maneuver to Avoid Lengthy Government ShutdownDimon Warns 7% Fed Rate Still Po  ( 32 min )

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A valuation at that level would make the company more expensive than Microsoft, Alphabet, and Nvidia by at least one measure.  ( 22 min )

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler continued his combative stance against crypto "hucksters" in congressional testimony on Wednesday, declining to answer the industry's most urgent questions while arguing that digital assets companies have been dangerously careless with customer assets.  ( 33 min )

(Bloomberg) -- The two-month selloff in US stocks threatens to intensify as options dealers on Wall Street and fast-money traders both turn against the market. Most Read from BloombergChina Puts Evergrande’s Billionaire Founder Under Police ControlElon Musk Wins US Space Force Contract for StarshieldCitadel Is Ready to Fight With SEC Over WhatsApp ProbeBond Selloff Grinds on as Oil Tests $94 a Barrel: Markets WrapLululemon Strikes Deal With Peloton for Fitness Content, Will Ax Mirror DeviceSuch  ( 33 min )

U.S. crude oil inventories fell by more than 2 million barrels last week, hitting their lowest since 1985. That could have far-reaching implications on oil prices and, by extension, prices at the gas pump.  ( 19 min )

(Bloomberg) -- Micron Technology Inc. fell in late trading after predicting a steeper loss than anticipated in the current quarter, indicating that an industry slump is still weighing on the largest US maker of memory chips.Most Read from BloombergChina Puts Evergrande’s Billionaire Founder Under Police ControlCitadel Is Ready to Fight With SEC Over WhatsApp ProbeBond Selloff Grinds on as Oil Tests $94 a Barrel: Markets WrapRepublican Moderates Turn to Rare Maneuver to Avoid Lengthy Government S  ( 33 min )

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(Bloomberg) -- Crude tanks at the largest US storage hub and the pricing point for millions of dollars worth of oil contracts are running dry, threatening their ability to operate normally and sending prices for near-term supplies surging.Most Read from BloombergChina Puts Evergrande’s Billionaire Founder Under Police ControlElon Musk Wins US Space Force Contract for StarshieldCitadel Is Ready to Fight With SEC Over WhatsApp ProbeLululemon Strikes Deal With Peloton for Fitness Content, Will Ax M  ( 32 min )

Shares of Micron Technology fell in after-hours trading. The memory-chip maker posted its fiscal fourth-quarter results today after the close. The stock was recently down more than 3% in after-hours trading after edging higher in the regular session. Here's what you need to know, including estimat  ( 22 min )

(Bloomberg) -- Exxon Mobil Corp. won’t be able to revive oil platforms off the California coast by relying on trucks to ship crude to refineries on shore.Most Read from BloombergChina Puts Evergrande’s Billionaire Founder Under Police ControlCitadel Is Ready to Fight With SEC Over WhatsApp ProbeBond Selloff Grinds on as Oil Tests $94 a Barrel: Markets WrapRepublican Moderates Turn to Rare Maneuver to Avoid Lengthy Government ShutdownDimon Warns 7% Fed Rate Still Possible, Times of India SaysThre  ( 33 min )

Tight supplies in a critical Oklahoma oil town are pushing prices closer to $100. It's the opposite of what happened when oil prices turned negative in 2020.  ( 22 min )

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At least WeWork had flashy buildings to flaunt for the billions of dollars ex-CEO Adam Neumann raised. SBF, as he was often called, is a pathological liar, an alleged fraud and market manipulator and also a really horrible ex-boyfriend who’s pinning his entire downfall on his on-and-off girlfriend Caroline Ellison, who headed Alameda Research. It was probably the FTX exchange itself.  ( 34 min )

NextEra Energy subsidiary, NextEra Energy Partners, LP, significantly reduced its distribution growth outlook, blaming Federal Reserve moves to fight inflation, and shares of both plunged.  ( 17 min )

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Cleveland-Cliffs shares gained after the steel producer announced that it was raising prices.  ( 18 min )

The losses, which totaled about $106 billion at the end of the second quarter, could have widened by over $10 billion in the current quarter.  ( 22 min )

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(Bloomberg) -- Greg Lippmann, the trader who was immortalized in Michael Lewis’s book “The Big Short,” sees a soft landing by the Federal Reserve as unlikely and is focusing on investments that would perform well in a tougher economic environment or if rates were to rise further.Most Read from BloombergChina Puts Evergrande’s Billionaire Founder Under Police ControlElon Musk Wins US Space Force Contract for StarshieldCitadel Is Ready to Fight With SEC Over WhatsApp ProbeBond Selloff Grinds on as  ( 32 min )

Total deposits across U.S. banks fell 4.8%, or $872 billion, year over year. Among the top 15 deposit holders, Charles Schwab reported the largest year-over-year decrease of 31.1%.  ( 22 min )

The U.S. isn't alone in struggling with a rising national debt. Nor is it in the worst position among developed countries.  ( 22 min )

NEW YORK (Reuters) -Shares of marijuana companies gave back early gains on Wednesday after jumping following a U.S. Senate committee voted to advance a bill that would give legal cannabis-related companies a boost by allowing them to access banking system services. A bipartisan group of senators on the U.S. Senate Banking Committee voted to advance the Secure and Fair Enforcement Regulation Banking Act, also known as the SAFER Banking Act, which aims to protect banks offering financial services to legal marijuana companies.  ( 32 min )

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TF International Securities analyst Ming-Chi Kuo is widely followed for his checks on supply chains in Asia and the conclusions he draws from them.  ( 22 min )

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Deutsche Bank analyst Emmanuel Rosner cut his price target on Tesla stock to $285 from $300. The EV maker may face limited volume growth next year, he writes.  ( 22 min )

The memory chip company has projected a 41% revenue decline for its latest quarter.  ( 22 min )

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Imagine retiring with $7 million in your 401(k) or IRA. What kind of lifestyle might that size nest egg support? Picture owning a luxurious home in a high-end neighborhood, driving top-notch vehicles, regularly vacationing in exotic locations and availing best-in-class healthcare without worrying about rising costs. When planning a $7 million retirement it's important to […] The post What a Retirement Lifestyle With $7 Million Looks Like appeared first on SmartReads by SmartAsset.  ( 34 min )

Dealing with trusts and their tax implications can seem like a labyrinth of legal terms and financial jargon. Trust distributions might be taxable, with the tax liability potentially varying based on factors such as the type of trust, the kind of distributions, and a beneficiary's tax bracket. With the help of a capable financial advisor, […] The post Are Trust Distributions Taxable? appeared first on SmartReads by SmartAsset.  ( 34 min )

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NEW YORK (Reuters) -The U.S. government on Wednesday sued eBay, accusing the online platform of violating the Clean Air Act and other environmental laws by allowing the sale of several harmful products, including devices that defeat automobile pollution controls. EBay could face billions of dollars in penalties, including up to $5,580 for each Clean Air Act violation, according to the government's complaint filed in the federal court in Brooklyn, New York. The Department of Justice said eBay illegally allowed the sale of at least 343,011 aftermarket "defeat" devices that help vehicles generate more power and get better fuel economy by evading emissions controls.  ( 32 min )

OpenAI, the developer of ChatGPT, is in talks over a share sale that would value it between $80 billion and $90 billion, The Wall Street Journal reported.  ( 22 min )

U.S. crude oil futures extended their three-month-long rally, bringing them to their highest level of the year. Futures were trading at $92.27 a barrel, up about 2% from yesterday's close and more than 30% since June. The jump extended a run-up in prices that began in early July, after production c  ( 23 min )

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Higher interest rates, which were supposed to be a savior for the sector, have instead led to many problems.  ( 22 min )

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Is stability in cryptos despite a selloff in stocks just another sign that Bitcoin is boring, or a harbinger of declines for digital assets?  ( 21 min )

Retailer Costco delivered an earnings beat, but investors seem disappointed it didn't raise membership fees. Wall Street analysts are upbeat, though.  ( 22 min )

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When Marc Matsil retired to Connecticut's bucolic northwest hills two years ago, fly fishing and hiking filled his days. But this is not exactly the "retirement" he envisioned. Matsil, 66, is far from alone in tiptoeing back into the workforce.  ( 33 min )

Ford Motor's decision to hit the brakes on a planned $3.5 billion battery plant in Michigan highlights a challenge for Tesla's growing crowd of rivals in the U.S. market: Tesla is pushing most of them into unprofitable, low-volume niches. Global automakers are launching scores of new electric vehicles in the United States, and pouring billions of dollars into new EV and battery plants. On a brand-by-brand basis, Tesla outsold its next 19 competitors by 10 to one or more during the first half, according to S&P Global Mobility data.  ( 33 min )

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(Bloomberg) -- On picket lines around the country, auto workers aren’t just demanding higher wages. They want to get back their once-sacred retirement pensions. Most Read from BloombergChina Puts Evergrande’s Billionaire Founder Under Police ControlDimon Warns 7% Fed Rate Still Possible, Times of India SaysRepublican Moderates Turn to Rare Maneuver to Avoid Lengthy Government ShutdownIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesTrump Found Liable for Fraud in New  ( 35 min )

Amgen has a couple of shots on goal to break into one of the biggest markets the pharmaceutical industry has ever seen.  ( 27 min )

Costco stock falls after the warehouse retailer didn't increase membership fees, MillerKnoll surges after raising its fiscal 2024 profit outlook, and Micron is scheduled to report earnings Wednesday.  ( 22 min )

As the UAW makes progress negotiating with Ford, experts wonder whether the talks are starting to focus on what really needs to get done.  ( 37 min )

The market has finally heard Fed Chairman Jerome Powell’s warning: Reducing inflation to 2% is hard, and more interest-rate hikes might be needed.  ( 22 min )

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The U.S. is expected to indefinitely extend a waiver granted to South Korean chipmakers Samsung Electronics and SK Hynix on needing licenses to bring U.S. chip equipment into China, Yonhap news agency reported on Wednesday. The U.S. Commerce Department has discussed details with the South Korean chipmakers on which equipment could be used in China, said Yonhap, citing unnamed sources, adding that the U.S. would make related announcements as early as this week. Last year, the chipmakers had received authorisation from the U.S. Commerce Department to supply equipment needed for chip production in China for a year without seeking additional licenses.  ( 32 min )

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HONG KONG (Reuters) -The chairman of China Evergrande Group has been placed under police surveillance, Bloomberg News reported on Wednesday, raising more doubts about the embattled developer's future as it grapples with mounting prospects of liquidation. Citing people with knowledge of the matter, the report said Hui Ka Yan, who founded Evergrande in 1996 in the southern city of Guangzhou, was taken away by police earlier this month and is being monitored at a designated location. Evergrande is the world's most indebted property developer and has been at the centre of an unprecedented liquidity crisis in China's property sector, which accounts for roughly a quarter of the world's second-largest economy.  ( 34 min )

(Bloomberg) -- Assets with exposure to China look “ridiculously cheap” and Alberta’s investment manager plans to boost holdings in Asia to take advantage of it, its chief executive officer says. Most Read from BloombergDimon Warns 7% Fed Rate Still Possible, Times of India SaysRepublican Moderates Turn to Rare Maneuver to Avoid Lengthy Government ShutdownIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesStocks Sink as Bears Take Charge, Dollar Rallies: Markets WrapTru  ( 32 min )

(Bloomberg) -- China’s suddenly full of gold bugs. Most Read from BloombergDimon Warns 7% Fed Rate Still Possible, Times of India SaysRepublican Moderates Turn to Rare Maneuver to Avoid Lengthy Government ShutdownIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesStocks Sink as Bears Take Charge, Dollar Rallies: Markets WrapTrump Found Liable for Fraud in New York Attorney General’s CaseThe market for bullion in China has surged this month, at times commanding a record  ( 33 min )

Rivian CEO RJ Scaringe isn't losing sleep over Tesla's Cybertruck, even though the two companies' high-end electric pickups are set to compete.  ( 33 min )

Oil prices rose by more than $1 on Wednesday as markets focused on supply tightness heading into winter and a "soft landing" for the U.S. economy.  ( 33 min )

Cleveland-Cliffs shares gained after the steel producer announced that it was raising prices.  ( 1 min )

The virtual and augmented reality headset will directly compete with Apple's higher-priced offering and the two are set to further compete in the AR/VR hardware space.  ( 1 min )

CVS shares fell after pharmacists in Kansas City, Mo. indicated they would walk off the job for a second time in a week to protest working conditions.  ( 1 min )

NextEra Energy subsidiary, NextEra Energy Partners, LP, significantly reduced its distribution growth outlook, blaming Federal Reserve moves to fight inflation, and shares of both plunged.  ( 1 min )

MillerKnoll shares surged after the furniture maker posted better-than-expected results and boosted its guidance as it benefits from employees returning to offices following the work-from-home boom.  ( 1 min )

Some retailers are closing stores or shifting guidance as organized retail crime is a growing concern for brands like Target, Dick's Sporting Goods and Walmart.  ( 1 min )

A ceding commission is a fee paid by a reinsurance company to the ceding company to cover administrative costs and acquisition expenses.  ( 18 min )

The Accounting Principles Board, now defunct, was a precursor to the Financial Accounting Standards Board (FASB).  ( 19 min )

Economic conditions following World War I intensified antagonisms between nations prior to the outbreak of World War II.  ( 23 min )

Today's best CD rates are 5.80% from Credit Human for a take-your-pick term between 12 and 17 months, and 5.76% from TotalDirectBank for a 6-month CD term.  ( 19 min )

CVS shares fell after pharmacists in Kansas City, Mo. indicated they would walk off the job for a second time in a week to protest working conditions.  ( 17 min )

In part two of a five-part series, student loan borrowers are adjusting their budgets as they look ahead to Oct. 1.  ( 23 min )

Joint tenants in common means that ownership of an asset or property by at least two people carries no rights of survivorship.  ( 19 min )

Recession predictions are big business these days, with economists debating whether the Federal Reserve’s campaign of anti-inflation interest rate hikes will tap the brakes too much and bring the economy into a recession.  ( 17 min )

The S&P 500 was little changed, adding 0.02% on Wednesday, Sept. 27, 2023, and oil industry stocks gained as oil prices surged amid supply concerns.  ( 16 min )

U.S. crude oil inventories fell by more than 2 million barrels last week, hitting their lowest since 1985. That could have far-reaching implications on oil prices and, by extension, prices at the gas pump.  ( 17 min )

The top national rate for a high-yield savings account keeps rising, setting record after record. Another jump this week has pushed the top rate even further above 5%.  ( 19 min )

Stocks, bonds or other securities can be transferred as gifts, and this also creates benefits for the giver. But there can be tax factors and other issues to consider.  ( 23 min )

The virtual and augmented reality headset will directly compete with Apple's higher-priced offering and the two are set to further compete in the AR/VR hardware space.  ( 17 min )

Whether you’re the buyer or seller, here’s what you need to know about transferring a car title.  ( 19 min )

NextEra Energy subsidiary, NextEra Energy Partners, LP, significantly reduced its distribution growth outlook, blaming Federal Reserve moves to fight inflation, and shares of both plunged.  ( 17 min )

Botnet mining is the illicit practice of using hijacked processing power from other people's internet-connected devices to mine cryptocurrency.  ( 21 min )

The Federal Reserve may have to raise its key interest rate higher than previously expected, a Fed official and economists at a major financial company said Wednesday.  ( 18 min )

Healthcare is expensive, but those without healthcare coverage put themselves at risk.  ( 21 min )

Cleveland-Cliffs shares gained after the steel producer announced that it was raising prices.  ( 17 min )

A new survey from Debt.com shows two-thirds of Americans reported outstanding medical debt, while another third said their medical debt was in collection and that medical costs had kept them from making medical appointments  ( 18 min )

The Defense Production Act (DPA) gives the president the power to order the production and supply of goods and services to support national defense.  ( 25 min )

Variable universal life (VUL) insurance is a permanent life insurance policy with a savings component in which cash value can be invested.  ( 25 min )

Depositing checks with a smartphone, tablet, or other mobile device is fast, easy, secure, and convenient. Find out what steps to take if you want to bank in this way.  ( 20 min )

The foreclosure crisis was a period of drastically elevated property seizures in the U.S. housing market between 2007 and 2010.  ( 20 min )

A Federal Housing Administration (FHA) loan is a mortgage that is insured by the FHA and issued by a bank or other approved lender.  ( 35 min )

Return on equity (ROE) vs. return on capital (ROC) are two distinctly different formulas, as one includes only combined profit while the other considers debt.  ( 21 min )

Life insurance can provide coverage in the case of suicide, but many policies have special provisions that limit the payment of death benefits.  ( 21 min )

A credit crisis is a breakdown of a financial system caused by a severe disruption of the normal process of cash movement that underpins any economy.  ( 20 min )

Homebuilder ETFs have outperformed this year thanks to demand for newly-built homes, but they may have reached an inflection point, giving back some gains in recent weeks amid rising mortgage rates and a pullback in construction.  ( 18 min )

As companies around the world face mounting pressure to deliver on environmental, social and governance goals, 75% of firms surveyed by KPMG say they aren't ready for ESG-related assessments.  ( 19 min )

Hubbert’s peak theory predicts the rise, peak, and decline of global oil production.  ( 21 min )

U.S. equities were lower at midday on Wednesday, Sept. 27, 2023 as oil prices jumped and the deadline for a possible government shutdown neared.  ( 16 min )

Costco shares rose after beating earnings expectations for its fiscal fourth quarter as the wholesaler benefitted from rising memberships, but felt the impact of lower discretionary sales and purchase volumes amid a spending slowdown.  ( 18 min )

National lotteries are often used to pay for education. Critics argue they discourage adequate government funding and disproportionately impact low-income families.  ( 24 min )

Shares of major media companies edged higher Wednesday morning after the Writers Guild of America ended a five-month writers strike.  ( 17 min )

MillerKnoll shares surged after the furniture maker posted better-than-expected results and boosted its guidance as it benefits from employees returning to offices following the work-from-home boom.  ( 17 min )

Rates for 15-year, FHA 30-year, and jumbo 30-year mortgages are at their highest levels in more than 20 years, and the 30-year flagship average is sitting just under its peak.  ( 19 min )

The Veil of Ignorance is a powerful thought experiment that allows us to test ideas for fairness.  ( 25 min )

Commodities and securities are subject to different types of regulations, and there is an ongoing debate about how to classify cryptocurrencies.  ( 23 min )

Liar's Poker is a game, associated with Wall Street traders, of betting on which digits appear in serial numbers on currency. It's also the name of a bestselling book.  ( 22 min )

Learn how the price elasticity of demand is more sensitive for some types of consumer goods than others, and see what factors most influence elasticity.  ( 24 min )

This index is a widely used and respected barometer of the U.S. housing market and the broader economy.  ( 23 min )

Index rebalancing involves changing the weights of index components to maintain its mandate or goal. This could include adding or dropping component assets.  ( 25 min )

Learn about the origins of the law of supply and demand, an important economic principle that's centuries old but still affects today's economy.  ( 23 min )

Some retailers are closing stores or shifting guidance as organized retail crime is a growing concern for brands like Target, Dick's Sporting Goods and Walmart.  ( 18 min )

Despite being followed so relentlessly, the consumer price index (CPI) has its limitations and is an imperfect measure of inflation and the cost of living.  ( 24 min )

Learn more about the impact of supply and demand in an economy. Find out why companies study supply and demand as part of market research.  ( 22 min )

If you're considering investing in China and want to know when to buy, sell, hold or stay away, consider these economic indicators.  ( 20 min )

Car prices could go even higher, shoppers could see their options restricted, and drivers of GM and Stellantis-made vehicles could have a harder time getting them repaired if the auto worker strike drags on.  ( 20 min )

Learn why Bitcoin's price fluctuates and about the factors that contribute to the wild price swings.  ( 24 min )

Stricter government regulations have put auditing professionals in demand. Learn more about what's needed to pursue a career as an auditor.  ( 24 min )

Short selling a stock means you are betting on the stock decreasing in price. Before taking on this investment, you should fully understand the risks.  ( 21 min )

Associate in Premium Auditing (APA) is a professional designation for accountants specializing in auditing and other duties for insurance companies.  ( 22 min )

Make sure you know the difference between a change in market outlook and a short-term recovery.  ( 22 min )

Shares of major media companies move higher as the Hollywood writers’ strike ends and Costco shares fall after reporting a pullback in spending on big-ticket and discretionary items. Here’s what investors need to know today.  ( 18 min )

The Robin Hood effect refers to an economic occurrence in which the less well-off gain at the expense of the better-off.  ( 22 min )

Rate on line is the ratio of premium paid to loss recoverable in a reinsurance contract. Rate on line represents how much an insurer has to pay to obtain reinsurance coverage, with a higher ROL indicating that the insurer has to pay more for coverage.  ( 18 min )

Happiness economics is the formal study of the relationship between individual satisfaction and economic factors such as employment and income.  ( 21 min )

Van alle EU-landen importeert Nederland de meeste producten met een risico op ontbossing uit landen buiten de Europese Unie. Het gaat om producten als soja, hout en palmolie, goederen die binnenkort niet meer welkom zijn in de EU.  ( 4 min )

Binnenkort kun je op WhatsApp, Instagram en Facebook Messenger praten met chatbot Meta AI. Dit is het alternatief van Facebook-moederbedrijf Meta voor de populaire AI-chatbot ChatGPT.  ( 6 min )

De fabriek Chemours in Dordrecht is aansprakelijk voor jarenlange pfas-vervuiling, oordeelde de rechter woensdag. Het gaat waarschijnlijk om miljoenen aan schadevergoeding. Wel moeten omliggende gemeenten nog lang wachten voor de fabriek dat geld uitkeert.  ( 6 min )

Vacansoleil zoekt contact met honderden vakantiegangers die in Europa op de camping zitten of voor komende week een boeking hadden gedaan. De reisorganisatie vroeg dinsdag uitstel van betaling aan en probeert reizigers te informeren over de gevolgen voor hun vakantie.  ( 4 min )

Chemours is aansprakelijk voor de pfas-vervuiling die de chemische fabriek in Dordrecht van 1984 tot 1998 in de omgeving heeft veroorzaakt. Het zou kunnen dat de aansprakelijkheid wordt uitgebreid, maar daar moet de rechter zich nog over buigen.  ( 6 min )

Jongeren onder de zestien jaar mogen voortaan niet meer aan de slag als flitsbezorger. Dat schrijft demissionair minister Karien van Gennip (Sociale Zaken en Werkgelegenheid) woensdag in een brief aan de Tweede Kamer. Het verbod gaat volgende maand in.  ( 4 min )

De persoonsgegevens van zo'n 195.000 klanten van ov-bedrijf Arriva zijn mogelijk uitgelekt. Het datalek zat in het contactformulier op de website van de vervoerder. De kans bestaat dat onbevoegden toegang hebben gekregen tot de gegevens van alle mensen die het contactformulier hebben ingevuld.  ( 3 min )

Jumbo kan vier winkels van de verdwijnende supermarktketen Jan Linders overnemen. In de Limburgse plaatsen Beek, Heerlen, Roermond en Swalmen zijn er genoeg andere supermarkten en blijft er dus iets te kiezen, vindt toezichthouder ACM.  ( 3 min )

Philips heeft 3.700 klachten over apneu- en beademingsapparaten verzwegen aan de Amerikaanse toezichthouder, blijkt uit dataonderzoek van NRC. Ook gaf Philips niet door dat elf gebruikers van de apparatuur zijn overleden.  ( 4 min )

De handel in aandelen NN, het voormalige Nationale-Nederlanden, is voor korte tijd stilgelegd. Het aandeel ging woensdag op de Amsterdamse beurs flink onderuit door een kritische uitspraak van de rechter over woekerpolissen.  ( 4 min )

Carrefour en E.Leclerc gaan tot het einde van het jaar brandstof tegen kostprijs verkopen bij hun tankstations. Dit doen de twee grootste Franse supermarktketens na overleg met de Franse regering om Fransen met een smalle beurs te helpen.  ( 3 min )

Een meerderheid van de Tweede Kamer wil de huidige korting op brandstof in stand houden. Dat kost zo'n 1,2 miljard euro. De VVD wil geld uit het Nationaal Groeifonds gebruiken om automobilisten tegemoet te komen. Economen zetten daar vraagtekens bij.  ( 5 min )

De Amerikaanse toezichthouder FTC vindt dat techreus Amazon monopoliegedrag vertoont. Daarom slepen de kartelwaakhond en zeventien staten het bedrijf voor de rechter.  ( 3 min )

Is Chemours aansprakelijk voor de pfas-vervuiling in de omgeving? Op die vraag geeft de rechter vandaag antwoord. De zaak is aangespannen door vier gemeenten die rond de chemische fabriek liggen.  ( 4 min )

Veel Amerikaanse overheidsdiensten dreigen over enkele dagen te moeten sluiten omdat er geen akkoord is over een nieuwe rijksbegroting. Om deze zogeheten shutdown te voorkomen moet de politiek nog deze week overeenstemming bereiken, maar dat gaat moeizaam.  ( 4 min )

De NS moet de omstreden spitsheffing opnieuw overwegen en met alternatieven komen. Demissionair staatssecretaris Vivianne Heijnen (Infrastructuur) zet de deur wel op een kier voor de mogelijkheid om voor verschillende tijdstippen uiteenlopende prijzen te hanteren. De Kamer is er niet gerust op.  ( 4 min )

De Amerikaanse toezichthouder FTC vindt dat techreus Amazon schuldig is aan monopoliegedrag. Die sleept daarom het bedrijf voor de rechter, samen met zeventien staten.  ( 4 min )

Werknemers krijgen geen wettelijk recht op thuiswerken. De wet Werken waar je wilt werd dinsdag door de Eerste Kamer verworpen. Op ons discussieplatform NUjij was daarover veel discussie. Daarom is vandaag de stelling: 'Als ik thuiswerk ben ik productiever dan op kantoor.'  ( 2 min )

Shares of major media companies edged higher Wednesday morning after the Writers Guild of America ended a five-month writers strike.  ( 1 min )

U.S. equities sank at midday on Tuesday, Sept. 26, 2023, after reports on consumer sentiment and new home sales fell short of expectations.  ( 1 min )

U.S. equities plunged and the S&P 500 Index dropped 1.5% on Tuesday, Sept. 26, 2023 after consumer confidence and new home sales figures came in lower than anticipated.  ( 1 min )

Shares of major media companies move higher as the Hollywood writers’ strike ends and Costco shares fall after reporting a pullback in spending on big-ticket and discretionary items. Here’s what investors need to know today.  ( 1 min )

The PC monitor market continued to struggle in the second quarter, but showed some signs a recovery could be near, according to tech research firm International Data Corporation.  ( 1 min )

Probable Maximum Loss (PML) is the maximum loss that an insurer would be expected to incur on a policy. It's a standard calculation in underwriting.  ( 21 min )

The savings account at Apple Bank offers competitive rates, but are they competitive enough? We reviewed Apple Bank so you can decide if the bank is right for you.  ( 21 min )

Bask Bank offers an attractive pair of savings accounts: One is a typical high-yield savings account, but the other earns American Airlines AAdvantage miles. See if Bask Bank makes sense for your money.  ( 22 min )

In vitro fertilization (IVF) is expensive and rarely covered by health insurance. However, other financing options are available. Learn more about how to get an IVF loan.  ( 23 min )

A personal loan can help you out in a pinch, but it comes at a cost. Learn how much a personal loan costs based on loan amount, interest rate, repayment term, and more.  ( 20 min )

Today's best CD rates are 5.80% from Credit Human for a take-your-pick term between 12 and 17 months, and 5.76% from TotalDirectBank for a 6-month CD term.  ( 19 min )

Capital One savings account interest rates are higher than average, and the bank doesn’t charge monthly maintenance fees or have a minimum deposit requirement.  ( 26 min )

Pool financing options can help you pay for a pool on your property. Learn how to get a pool loan and find out more about other loan options to finance this cost.  ( 23 min )

Charles Schwab savings account interest rates are higher than the national average, and it doesn’t have monthly fees or minimum deposit requirements.  ( 21 min )

The utility function can be used to derive the demand function, and both of these concepts relate to utility maximization.  ( 20 min )

At sight is a form of payment due on demand when presented with required documentation.  ( 22 min )

Chime’s high-yield savings account doesn’t charge a fee or require a minimum deposit. Learn more about Chime savings account interest rates and other features.  ( 22 min )

The list of the 500 companies that make up the S&P 500 is called its constituent list and includes many well-known names.  ( 24 min )

A commodity index is an investment vehicle that tracks a basket of commodities to measure their price and investment return performance.  ( 23 min )

The key rate is a benchmark interest rate that determines bank lending rates and the cost of credit for borrowers.  ( 19 min )

Shoppers squeezed by inflation and high interest rates on car loans are snapping up new, cheaper vehicles and leaving pricier ones on dealer lots.  ( 18 min )

U.S. equities plunged and the S&P 500 Index dropped 1.5% on Tuesday, Sept. 26, 2023 after consumer confidence and new home sales figures came in lower than anticipated.  ( 16 min )

E*TRADE savings account interest rates can't compete with the best, but high-net-worth individuals can benefit from its higher FDIC insurance coverage.  ( 20 min )

Reintermediation has two meanings: money flowing back into bank deposits or the reintroduction of a middleman between a supplier and a customer.  ( 18 min )

Through Lending Club’s high-yield savings accounts, you can earn a higher-than-average APY with no monthly service fees. All you need to get started is $100.  ( 21 min )

A state banking department is a state-specific regulatory body that oversees the operations of financial institutions within its jurisdiction.  ( 21 min )

United Natural Foods posted a loss for the fourth fiscal quarter of 2023, and its full-year guidance was well short of estimates.  ( 17 min )

Marcus by Goldman Sachs only offers a few account types, but what it does offer, it does well. Learn how you can benefit from its online high-yield savings account.  ( 22 min )

"It's not what you know, but who you know," might be true. Here's a look at why connections are critical in business and job searches and how to establish them.  ( 23 min )

Immunovant shares virtually doubled in value after the biopharmaceutical company reported positive results from a Phase 1 trial of its experimental autoimmune disease treatment.  ( 16 min )

An aggregate mortality table is a tool that helps actuaries and other insurance professionals gather key data regarding death rates.  ( 22 min )

A public company's ownership is distributed among general public shareholders through publicly-traded stock shares. It must undergo a process known as an IPO.  ( 25 min )

The debt ceiling is a limit that Congress imposes on the amount that the federal government can owe. Discover the current debt ceiling and its economic impact.  ( 30 min )

A mutual insurance company is owned by policyholders. Its sole purpose is to provide insurance coverage for its members and policyholders.  ( 19 min )

Women’s out-of-pocket healthcare collectively costs $15.4 billion more a year than men’s, a Deloitte report said.  ( 17 min )

Implied authority refers to an agent with the jurisdiction to perform acts which are reasonably necessary to accomplish the purpose of an organization.  ( 19 min )

State Farm is more than just an insurance company. It offers banking services and competitive interest rates for its savings account.  ( 21 min )

You can earn a higher-than-average APY with a TD Bank savings account. But TD Bank only offers the highest interest rates on accounts with high balances.  ( 21 min )

The Federal Trade Commission along with 17 states sued Amazon, alleging it uses illegal monopolistic power to stifle competition and keep prices high, to the detriment of customers and sellers.  ( 18 min )

The Group of 30 (G-30) is a group of economists, bankers, and other leaders from the public and private sector who meet to discuss global economics.  ( 20 min )

The Community Development Financial Institutions (CDFI) Fund promotes economic revitalization in distressed communities with financial assistance.  ( 19 min )

AA+ is the second-highest bond rating assigned by rating agency S&P while Aa1 is the equivalent from Moody's. Both signify a low-risk investment.  ( 24 min )

A type of personal liability coverage, an umbrella insurance policy handles claims that exceed what your homeowners or auto insurance will cover.  ( 20 min )

The PC monitor market continued to struggle in the second quarter, but showed some signs a recovery could be near, according to tech research firm International Data Corporation.  ( 17 min )

Consumer confidence dropped in September as high gas prices and high interest rates made people more pessimistic about the trajectory of the economy.  ( 18 min )

Wells Fargo offers two types of savings accounts, but the rates are low unless you carry a large balance.  ( 22 min )

A savings account is an essential part of your financial toolbox. Learn about Ally Bank savings accounts and their rates and decide if they are a fit for you.  ( 21 min )

U.S. equities sank at midday on Tuesday, Sept. 26, 2023, after reports on consumer sentiment and new home sales fell short of expectations.  ( 16 min )

After hitting a new 22-year high last week, 30-year mortgage rates are sitting lower. Most averages were relatively flat, though the 15-year average rose to a new peak.  ( 19 min )

Shares of Fisker jumped after the electric vehicle maker announced it was ramping up deliveries, and will likely exceed its guidance for 2023.  ( 17 min )

In part one of a five-part series, student loan borrowers navigate the new repayment plans as they look ahead to Oct. 1.  ( 20 min )

If you want to learn how to pay off a personal loan faster with a calculator, there are a few ways to use it to find out what works best for you.  ( 22 min )

Personal loan rates dipped to 20.92% this week, losing 9 basis points since last week when the average personal loan rate stood at 21.01%.  ( 18 min )

Amid heightened political scrutiny and a strike by the United Auto Workers union, Ford said it will put on hold its $3.5 billion electric vehicle battery plant in Michigan.  ( 17 min )

Ahead of the first oral arguments on Oct. 2, here are cases the Supreme Court will hear this year affecting taxes, the power of federal regulators, and other issues potentially affecting your finances.  ( 21 min )

The United Auto Workers criticized Ford’s move to pause work on an electric battery plant and the Consumer Confidence Index for September is expected to drop. Here’s what investors need to know today.  ( 17 min )

A basing point pricing system requires buyers to pay a base price, plus a set shipping fee depending on their distance from a specific location.  ( 19 min )

Learn what you need to do to turn your property into a rental property.  ( 26 min )

The add to cash value option is a life insurance feature that allows dividends to be reinvested into the policy's cash value.  ( 22 min )

Do you need life insurance? In this article, we debunk the top 10 myths and misconceptions so you can make an informed decision before buying.  ( 24 min )

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Today's best CD rates are 5.80% from Credit Human for a take-your-pick term between 12 and 17 months, and 5.76% from TotalDirectBank for a 6-month CD term.  ( 21 min )

Investors appear skeptical that the transaction will go through along the lines John Malone's investment company has proposed.  ( 22 min )

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Stocks have suffered a rough September, with the S&P 500 dropping from 4,516 at the month's start to 4,275. Look out below?  ( 34 min )

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"The documents here clearly contain fraudulent valuations that defendants used in business," Judge Engoron wrote in his ruling, ordering Trump's New York business certificates canceled.  ( 32 min )

Costco's value proposition — especially when it comes to cheap gasoline — continues to bring in customers.  ( 34 min )

Drugmaker Eli Lilly convinced a federal judge in Massachusetts on Tuesday to overturn a $176.5 million jury verdict for Teva Pharmaceutical that found Lilly's migraine drug Emgality infringed three patents related to Teva's rival drug Ajovy. U.S. District Judge Allison Burroughs said in a post-trial ruling that the Teva patents covering the use of antibodies to inhibit headache-causing peptides were invalid. "The Court does not reach this decision nor overturn a jury verdict lightly," Burroughs said.  ( 32 min )

All energy comes with a cost. Fossil fuels, the world’s mainstay, have a high pollution footprint and a dangerous environmental impact, while solar and wind power, frequently touted as options in lieu of hydrocarbons, have extremely low energy densities, intermittent energy production, and a high dollar-cost for installation. This has engineers seeking out alternatives to both, and hydrogen fuel is frequently touted as just such an alternative. Hydrogen solves the problems inherent in fossil fue  ( 35 min )

Shares of retailer Costco Wholesale fell after the company reported earnings following Tuesday's market close. The shares dipped around 1.3% in after hours trading after falling 1% in the regular session. Here's Costco's fiscal fourth-quarter results compared to Wall Street expectations, according  ( 23 min )

(Bloomberg) -- Tesla Inc. Chief Executive Officer Elon Musk blasted the United Auto Workers Tuesday, saying the union’s demands would “drive GM, Ford and Chrysler bankrupt in the fast lane.” Most Read from BloombergRepublican Moderates Turn to Rare Maneuver to Avoid Lengthy Government ShutdownDimon Warns 7% Fed Rate Still Possible, Times of India SaysIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesApple’s $59 Fake-Suede iPhone Case Is Its Biggest Dud of 2023FCC Aims  ( 33 min )

Higher interest rates, which were supposed to be a savior for the sector, have instead led to many problems.  ( 22 min )

Despite heavy investments in security, the company continued to face "fundamental challenges" to running the stores safely, the retailer said. It operates nearly 2,000 stores across the United States. "We cannot continue operating these stores because theft and organized retail crime are threatening the safety of our team and guests, and contributing to unsustainable business performance," Target said in a statement.  ( 32 min )

Stocks pulled back as Wall Street continued to face up to the prospect of a long period of high interest rates.  ( 47 min )

Investors appear skeptical that the transaction will go through along the lines John Malone's investment company has proposed.  ( 22 min )

Nvidia Corp (NASDAQ: NVDA) stock beat the broader indexes Invesco QQQ Trust, Series 1 (NASDAQ: QQQ), and SPDR S&P 500 (NYSE: SPY) Tuesday as the artificial intelligence rally is in no mood to slow down. The trillion-dollar chip designer lost over 10% last month amid profit-taking. Bernstein recommended investors take profits in pricey tech stocks like Nvidia. Also Read: Amazon's AWS and Anthropic Join Forces: A Billion-Dollar Partnership Challenging Nvidia and Microsoft in the AI Arena The AI co  ( 32 min )

Target expects to lose roughly $1.2 billion in profits from retail theft in 2022 and 2023.  ( 34 min )

JPMorgan economists said late last week that if supply cuts continue, the price of Brent crude could jump to as high as $120 per barrel. But they expect crude prices will drop back to $86 per barrel next quarter.  ( 34 min )

Stocks pulled back as Wall Street continued to face up to the prospect of a long period of high interest rates.  ( 44 min )

In response to rising gasoline price concerns, Tai Milder, the director of California's Division of Petroleum Market Oversight (DPMO), has sent a four-page letter to Governor Gavin Newsom and legislative leaders in Sacramento. Milder's division reviewed recent data, revealing that some refineries failed to maintain adequate gasoline levels or import enough fuel to compensate for production shortfalls during the summer. These supply disruptions have contributed to the surge in prices and planned  ( 32 min )

The S&P 500 could tank 20%, a wave of loan defaults could hit banks and commercial real estate, and a recession could set in next year, Byron Wien says.  ( 33 min )

The reduction comes as the Clayton giant confronts "headwinds" from two federal government programs.  ( 22 min )

The Covid trade is out. Investors have piled into bets against Novavax, the struggling vaccine developer that was late to market with i  ( 23 min )

With the S&P 500 up so much this year, investors might expect a stretch of continued gains. But that is far from a sure thing.  ( 22 min )

Legendary investor Warren Buffett doesn't easily fall for trends or fads. That's why Wall Street took notice when the legendary investor started pouring billions into Apple Inc. His firm, Berkshire Hathaway Inc., first acquired Apple stock in 2016. Since then, that investment has ballooned to $110 billion, constituting nearly 40% of the firm's equity portfolio. Ready to supercharge your investment game? Discover exclusive opportunities in the world of startups that you won’t find anywhere else!  ( 33 min )

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The FTC and 17 state attorneys general filed an antitrust suit against Amazon on Tuesday, alleging the company operates an illegal monopoly.  ( 36 min )

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Truist's William Stein reaffirmed his Buy ratings for Nvidia and Monolithic Power Systems and his price targets for both stocks.  ( 22 min )

Caterpillar, one of the largest employers in Sanford, paid $21 million to buy a shuttered factory. Is an expansion next?  ( 19 min )

Credit cards and mobile apps won’t pay for much in a power outage.  ( 27 min )

Dubbed the Oracle of Omaha, Warren Buffett is renowned for his simple and frugal lifestyle. Despite being the sixth richest person globally, with a net worth estimated at $117.9 billion, Buffett continues to live in the same modest home in Omaha that he purchased in 1958 for just $31,500. Adjusted for inflation, that amount today would be approximately $328,990.80, a mere 0.000279% of his total net worth. Buffett has consistently ranked the purchase of his home as the third-best investment he ha  ( 32 min )

Mercedes Wedaa, a former housekeeper for Amazon.com Inc. Founder Jeff Bezos, filed a lawsuit against him and two companies responsible for managing his properties. The lawsuit, filed in November 2022 in Seattle, claims that she and other employees worked in unsafe and unsanitary conditions for extended 14-hour shifts without breaks. According to Wedaa, she was hired in 2019 with the requirement that she "work around a family without being seen." Trending: Until 2016 it was illegal for retail inv  ( 34 min )

There is growing risk to the financials of two big department stores as consumers deal with rising interest rates.  ( 33 min )

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A "soft landing" for the U.S. economy is more likely than not, Minneapolis Federal Reserve Bank President Neel Kashkari said on Tuesday, but there is also a 40% chance that the Fed will need to raise interest rates "meaningfully" to beat inflation. Under the more likely scenario -- Kashkari pegged the probability at about 60% -- the Fed "potentially" raises rates one more quarter of a percentage point and then holds borrowing costs steady "long enough to bring inflation back to target in a reasonable period of time," he said in an essay published on the regional Fed bank's website. Inflation by the Fed's preferred measure has dropped from 7% last summer to 3.3% this past July, and U.S. unemployment has only ticked up a bit, reaching 3.8% at last read.  ( 31 min )

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Amid heightened political scrutiny and a strike by the United Auto Workers union, Ford said it will put on hold its $3.5 billion electric vehicle battery plant in Michigan.  ( 19 min )

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Shares of Sirius XM fell after its majority proposed combining the company with the group of tracking stocks that holds Liberty's existing stake in the satellite-radio operation. Sirius stock fell about 10% in early trading. Liberty's Class A tracking stock was up about 8%.  ( 22 min )

In the world of stock markets, a well-known adage prevails: insiders may sell shares of their own companies for a myriad of reasons, but their decision to buy stock typically hinges on one belief – they believe the shares are set to rise. By insiders, we mean the corporate officers that sit on company boards and are the in-the-know types with access to the sort of information not available to the casual investor. By law, they are required to make their purchases public, thereby keeping the playi  ( 35 min )

JPMorgan believes DraftKings stock is undervalued, as recent market share gains will prove sustainable despite competition coming into the market.  ( 33 min )

The company pivoted to a loss in its fourth fiscal quarter, and management warned of continued challenges next year.  ( 22 min )

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Fisker has made 5,000 all-electric Ocean SUVs so far this year. The electric-vehicle maker is on target to hit its guidance for the year.  ( 22 min )

Liberty Media owns a roughly 83% stake in Sirius XM, whose holdings span satellite radio, podcasts and the Pandora audio-streaming service.  ( 22 min )

J.P. Morgan analyst Joseph Greff upgraded shares of DraftKings to Overweight from Neutral.  ( 22 min )

Do you have enough money to retire? There are many different ways to look at this, but the most common is to break it down simply: money in vs. money out. How much income can you generate from your retirement planning, and how much will you need to spend? Here, say that you have $1 […] The post I Have $1 Million in a 401(k) and Will Receive $2,500 Monthly From Social Security. Can I Retire at 65? appeared first on SmartReads by SmartAsset.  ( 35 min )

The company pivoted to a loss in its fourth fiscal quarter, and management warned of continued challenges next year.  ( 22 min )

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(Bloomberg) -- With odds of a hard landing rising just as inflation is set to re-accelerate, this is the time for investors to offload their expensive growth shares in favor of value stocks, says Rob Arnott, founder of smart-beta pioneer Research Affiliates. Most Read from BloombergDimon Warns World Not Ready for 7% Fed Rate: Times of IndiaIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesRepublican Moderates Turn to Rare Maneuver to Avoid Lengthy Government ShutdownC  ( 32 min )

Stocks pulled back as Wall Street continued to face up to the prospect of a long period of high interest rates.  ( 37 min )

Stocks pulled back at the open as Wall Street continued to face up to the prospect of a long period of high interest rates.  ( 35 min )

Stock futures pulled back as Wall Street continued to face up to the prospect of a long period of high interest rates.  ( 33 min )

The JPMorgan CEO spelled out what he sees as the worst-case scenario for the U.S. economy, and warned that not everyone would be able to withstand it.  ( 33 min )

↘️ Chip stocks including Nvidia (NVDA), ASML (ASML) and Micron (MU) traded down ahead of the opening bell, amid broader weakness in shares of big  ( 22 min )

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A recent C$4.6 billion capital raise by Enbridge and a raft of new U.S. deals have spurred optimism for a revival in Canadian equity capital markets (ECM) issuance, bankers and lawyers said. Enbridge's jumbo equity sale to finance a portion of its acquisition of three utilities from Dominion Energy propelled Canadian ECM issuance to a two-year high of C$6.7 billion ($5 billion) in the third quarter of this year, according to data from Refinitiv. "I think there is evidence out there that for the right transaction for the right reasons, investors will show up," said François Carrier, co-head of Desjardins Capital Markets.  ( 33 min )

Pressuring equities, the benchmark two- and 10-year Treasury yields have scaled multi-year highs after the Fed's hawkish longer-term rate outlook, a stance also projected by other major central banks. Minneapolis Fed President Neel Kashkari on Monday noted the need for raising borrowing costs to tame inflation in light of a surprisingly resilient economy, while Chicago Fed chief Austan Goolsbee in a CNBC interview said inflation above 2% target remains a greater risk than the scope of a slowing economy.  ( 31 min )

Rivian Automotive could beat consensus for its third-quarter deliveries, according to Baird. Tesla faces a tougher challenge, but there are still reasons for optimism.  ( 22 min )

(Bloomberg) -- Investors that missed out on this year’s dizzying rally in Nvidia Corp. have an attractive entry point this month.Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesDimon Warns World Not Ready for 7% Fed Rate: Times of IndiaCostco Offers Members $29 Online Health Care VisitsIndia-Canada Clash Should Be a Wake-Up CallBonds Sink, S&P 500 Snaps Four-Day Losing Streak: Markets WrapThat’s according to Morgan Stanley, which argues that  ( 34 min )

(Bloomberg) -- Alibaba Group Holding Ltd. said it will spin off Cainiao Smart Logistics Network Ltd., the logistics arm of its e-commerce empire, through an initial public offering in Hong Kong. Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesDimon Warns World Not Ready for 7% Fed Rate: Times of IndiaCostco Offers Members $29 Online Health Care VisitsIndia-Canada Clash Should Be a Wake-Up CallBonds Sink, S&P 500 Snaps Four-Day Losing Streak:  ( 32 min )

JPMorgan Chase made millions by keeping Jeffrey Epstein as a banking client. Now it faces a reckoning in federal court.  ( 37 min )

The debacle at China Evergrande Group is heating up some of the nation's social media platforms with discussions about its fate. Some argued the penny stock is worth a punt before another bid to beat the drop. Others said bankruptcy may be inevitable. The drama took another turn for the worse when the developer's major onshore unit, Hengda Real Estate Group, failed to repay a 4 billion yuan (US$547 million) note on Monday, an obligation among US$327 billion of liabilities choking the homebuilder  ( 34 min )

(Bloomberg) -- Among the sticking points highlighted by United Auto Workers on strike are the billions of dollars Detroit’s legacy carmakers have plunged into stock repurchases.Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesDimon Warns World Not Ready for 7% Fed Rate: Times of IndiaCostco Offers Members $29 Online Health Care VisitsIndia-Canada Clash Should Be a Wake-Up CallBonds Sink, S&P 500 Snaps Four-Day Losing Streak: Markets WrapNow, a  ( 34 min )

Ford is pausing a $3.5 billion electric-vehicle battery plant, Thor Industries' fiscal 2024 outlook disappoints, and Costco is scheduled to report earnings Tuesday.  ( 22 min )

(Bloomberg) -- Shares in Asia slid while Treasury yields and the dollar rose in a sign investors are yet to fully recalibrate interest rate expectations.Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesCostco Offers Members $29 Online Health Care VisitsBonds Sink, S&P 500 Snaps Four-Day Losing Streak: Markets WrapIndia-Canada Clash Should Be a Wake-Up CallDimon Warns World May Not Be Ready for Fed at 7%, TOI SaysEquity benchmarks for Japan, Au  ( 34 min )

One year ago today, the British pound appeared headed for the once-unthinkable: parity with the U.S. dollar. Sterling dropped to $1.035—its lowest level ever  ( 22 min )

(Bloomberg) -- Investors are souring on the technology-heavy Nasdaq 100 Index, building short positions in the futures market, according to Citigroup Inc. strategists. Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesDimon Warns World Not Ready for 7% Fed Rate: Times of IndiaCostco Offers Members $29 Online Health Care VisitsIndia-Canada Clash Should Be a Wake-Up CallBonds Sink, S&P 500 Snaps Four-Day Losing Streak: Markets WrapPositioning in  ( 32 min )

(Bloomberg) -- Japan’s finance minister issued his second salvo of warnings to players in foreign-exchange markets in a day after the yen reached its lowest against the dollar since October, the month authorities last intervened to prop up the currency.Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesDimon Warns World Not Ready for 7% Fed Rate: Times of IndiaCostco Offers Members $29 Online Health Care VisitsIndia-Canada Clash Should Be a Wake  ( 33 min )

The euro fell to its weakest in six months against the dollar as rising Treasury yields boosted the U.S. currency, but its losses may be limited as a weak eurozone economy should be priced in to the euro, MUFG said.  ( 25 min )

Asian shares mostly sank Tuesday over worries about a possible U.S. government shutdown and the troubled Chinese economy. Japan's benchmark Nikkei 225 index slipped 1.0% in afternoon trading to 32,357.25. Hong Kong's Hang Seng shed 0.9% to 17,576.83, while the Shanghai Composite fell 0.2% to 3,109.69.  ( 34 min )

(Bloomberg) -- Prices in China are recovering, according to an independent survey, providing more evidence that the worst may be over for the world’s second-biggest economy and easing fears of a Japan-style deflation for now.Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesDimon Warns World May Not Be Ready for Fed at 7%, TOI SaysCostco Offers Members $29 Online Health Care VisitsBonds Sink, S&P 500 Snaps Four-Day Losing Streak: Markets WrapIn  ( 31 min )

(Bloomberg) -- The world may not be prepared for a worst-case scenario of Federal Reserve benchmark interest rates hitting 7% along with stagflation, JPMorgan Chase & Co. CEO Jamie Dimon said in an interview with the Times of India in Mumbai. Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesCostco Offers Members $29 Online Health Care VisitsBonds Sink, S&P 500 Snaps Four-Day Losing Streak: Markets WrapIndia-Canada Clash Should Be a Wake-Up Cal  ( 33 min )

The Detroit automaker is changing its strategy after China EV sales suffered from marketing and sales missteps.  ( 29 min )

For families who don’t need to borrow, higher rates might not affect daily life. But for those who do, higher rates are really starting to hurt.  ( 22 min )

A worker shortage and high energy prices in the country pose challenges for the U.S. company’s planned semiconductor factory.  ( 28 min )

Plus, the corporate fiasco involving a royal carpet maker and a Nomura banker gets stuck in China  ( 6 min )

Disney and Comcast prepare for battle over the price of full ownership of the streaming service  ( 6 min )

(Bloomberg) -- Private equity firms have been increasingly adding another layer of debt to their complex borrowing arrangements, raising concern among some investors about potential risks to the wider industry and the financial system.Most Read from BloombergDimon Warns World Not Ready for 7% Fed Rate: Times of IndiaIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesCostco Offers Members $29 Online Health Care VisitsIndia-Canada Clash Should Be a Wake-Up CallBonds Sink  ( 35 min )

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After a volatile end to the summer, can investors look forward to a gentler autumn? There is some reason to hope so, according to Sharmin Mossavar-Rahmani, chief investment officer of wealth management at Goldman Sachs. This year, as the S&P 500 rebounded from the 19% loss it sustained in 2022, Mossavar-Rahmani has seen her bullish position vindicated, and she believes recent earnings trends and the receding probability of a recession promise further gains to come. In an interview with Barron’s,  ( 36 min )

De NS moet de omstreden spitsheffing opnieuw overwegen en met alternatieven komen. Wat betreft het hanteren van verschillende prijzen op verschillende tijdstippen laat demissionair staatssecretaris Vivianne Heijnen (Infrastructuur) de deur wel op een kier staan. De Kamer is er niet gerust op.  ( 4 min )

JPMorgan Chase heeft in een rechtszaak over oud-klant Jeffrey Epstein een schikking van 75 miljoen dollar getroffen met de Amerikaanse Maagdeneilanden. De eilandengroep had de zaak aangespannen omdat de bank jarenlang zorgelijke signalen over de steenrijke zedendelinquent negeerde.  ( 3 min )

Een ruime meerderheid in de Tweede Kamer is tegen de invoering van een spitsheffing door de NS. Het openbaar vervoer in Nederland is al duur genoeg, zeggen verschillende partijen dinsdag tijdens een debat over de zogenoemde hoofdrailnetconcessie.  ( 4 min )

Werknemers krijgen geen wettelijk recht om thuis te werken. Een meerderheid in de Eerste Kamer heeft de Wet werken waar je wilt dinsdag verworpen. In de praktijk verandert er weinig, aangezien veel bedrijven al afspraken maken met werknemers.  ( 5 min )

Werknemers krijgen geen wettelijk recht om thuis te werken. Een meerderheid in de Eerste Kamer heeft de Wet werken waar je wilt dinsdag verworpen. In de praktijk verandert er weinig aangezien er bij veel bedrijven al afspraken worden gemaakt met werknemers.  ( 5 min )

Wie in een sociale huurwoning zit, betaalt volgend jaar mogelijk bijna 6 procent meer huur. Dat meldt demissionair minister voor Volkshuisvesting Hugo de Jonge dinsdag. In de vrije sector mogen de huren maximaal zo'n 5 procent worden verhoogd.  ( 3 min )

De zorgverzekering van DSW wordt volgend jaar 11,50 euro per maand duurder. Andere zorgverzekeraars volgen waarschijnlijk met een flinke premiestijging. Vergrijzing, technologische mogelijkheden en loonstijgingen zorgen ervoor dat de zorgpremie ook de komende jaren blijft stijgen.  ( 5 min )

Spaarders bij ABN AMRO krijgen vanaf 15 oktober 1,5 procent rente op hun spaargeld. Het gaat hierbij om vrij opneembaar tegoed. Dat heeft de bank dinsdag bekendgemaakt.  ( 3 min )

Italiaanse boeren kiezen er steeds vaker voor om mango's, bananen en avocado's te verbouwen. Door klimaatverandering is de temperatuur in Italië steeds geschikter voor de tropische vruchten, al komen er ook risico's bij kijken.  ( 3 min )

Wetenschappers keken er al zeven jaar naar uit en zondag was het zover. Ruimtevaartuig OSIRIS-REx leverde zijn pakketje met ongeveer 250 gram aan stof en gruis van ruimterots Bennu op aarde af. Waarom zoveel moeite voor zo'n klein beetje materiaal?  ( 4 min )

Wetenschappers keken er al zeven jaar naar uit en zondag was het zover. Ruimtevaartuig OSIRIS-REx leverde zijn pakketje met ongeveer 250 gram aan stof en gruis van ruimterots Bennu op aarde af. Waarom zoveel moeite voor zo'n klein beetje materiaal?  ( 4 min )

Werknemers krijgen geen wettelijk recht om thuis te werken. Een meerderheid in de Eerste Kamer heeft de Wet werken waar je wilt dinsdag verworpen.  ( 4 min )

Reisorganisatie Vacansoleil heeft dinsdag uitstel van betaling aangevraagd bij de rechtbank Oost-Brabant. Het bedrijf, dat campingvakanties regelt, gaat gebukt onder hoge schulden die het niet meer kan terugbetalen.  ( 3 min )

De rechtbank in Amsterdam heeft Big Bazar failliet verklaard, meldt de rechtbank dinsdag. De koopjesketen kampte met geldproblemen en kreeg steeds meer klachten over onbetaalde rekeningen.  ( 4 min )

Luchthaven Schiphol heeft weer een natuurvergunning gekregen waardoor stikstof mag worden uitgestoten. Volgens demissionair stikstofminister Christianne van der Wal heeft Schiphol genoeg stikstofmaatregelen getroffen.  ( 3 min )

Het doek is definitief gevallen voor koopjesketen Big Bazar. De rechtbank in Amsterdam heeft dinsdagochtend het faillissement uitgesproken.  ( 2 min )

Kredietverzekeraar Atradius verwacht dat dit en volgend jaar veel bedrijven failliet zullen gaan. Mogelijk gaan in 2023 maar liefst 52 procent meer ondernemingen op de fles. Bedrijven worstelen met de dure energie, de hoge rente en de coronaschuld die ze moeten afbetalen.  ( 4 min )

Stockfotowebsite Getty Images komt met een AI-hulpmiddel waarmee gebruikers zelf foto's kunnen genereren. De kunstmatige intelligentie achter het programma is getraind met rechtenvrije foto's uit de Getty-beeldbank. Daardoor schenden de gegenereerde beelden geen auteursrechten.  ( 4 min )

Gokkers die in de eerste helft van dit jaar naar het casino zijn getrokken, hebben op een avond gemiddeld 138 euro uitgegeven. Dat is 10 euro minder dan een jaar eerder, blijkt uit nieuwe cijfers van Holland Casino. Het bedrijf ziet wel meer gokkers komen.  ( 4 min )

De Surinaamse economie klimt uit een diep dal door stevige economische hervormingen. Het Internationaal Monetair Fonds (IMF) complimenteert de regering in Paramaribo met de aanpak. "De inflatie is nog hoog, maar ook die daalt", zegt IMF-directeur Kenji Okamura.  ( 3 min )

Huurders hebben in de afgelopen jaren vaker vast gezeten in dure huurwoningen omdat de hypotheeknormen strenger zijn geworden. Ze konden geen huis meer kopen en waren dus aangewezen op prijzige huurwoningen. Verhuurders profiteerden, concluderen onderzoekers van het Centraal Planbureau (CPB).  ( 4 min )

Zorgverzekeraar DSW verhoogt de zorgpremie voor 2024 met 11,50 euro naar 149 euro per maand. Deze eerste zorgpremie zet doorgaans de toon voor andere zorgverzekeraars. De grootste premiestijging sinds 2006 komt volgens DSW door hogere lonen, inflatie en extra zorgvraag.  ( 6 min )

Zorgverzekeraar DSW verhoogt de zorgpremie voor 2024 met 11,50 euro naar 149 euro per maand. Deze eerste zorgpremie zet doorgaans de toon voor andere zorgverzekeraars. De grootste premiestijging sinds 2006 komt volgens DSW door hogere lonen, inflatie en extra zorgvraag.  ( 6 min )

Apple-directeur Tim Cook bracht maandag in het geheim een bezoek aan chipmaker NXP in Eindhoven. NU.nl was erbij. De bijeenkomst ging onder meer over de toekomst van NFC-chips, het belang van Europa voor Apple en de klimaatdoelen van het bedrijf.  ( 5 min )

The Federal Trade Commission along with 17 states sued Amazon, alleging it uses illegal monopolistic power to stifle competition and keep prices high, to the detriment of customers and sellers.  ( 1 min )

United Natural Foods posted a loss for the fourth fiscal quarter of 2023, and its full-year guidance was well short of estimates.  ( 1 min )

Shares of Fisker jumped after the electric vehicle maker announced it was ramping up deliveries, and will likely exceed its guidance for 2023.  ( 1 min )

Amid heightened political scrutiny and a strike by the United Auto Workers union, Ford said it will put on hold its $3.5 billion electric vehicle battery plant in Michigan.  ( 1 min )

Immunovant shares virtually doubled in value after the biopharmaceutical company reported positive results from a Phase 1 trial of its experimental autoimmune disease treatment.  ( 1 min )

Alcoa shares tumbled after the aluminum producer announced EVP and COO William Oplinger has taken over as CEO, replacing Roy Harvey, who held the post since Alcoa split into two independent companies in 2016.  ( 1 min )

Denmark’s Novo Nordisk struck a deal with U.S.-based health tech firm Valo Health to use AI to discover and develop treatments for cardiometabolic diseases such as heart attack, stroke, and diabetes.  ( 1 min )

A German court ruled that Netflix is infringing on a Broadcom patent in the country and has ordered the company to stop streaming video in the country using Broadcom's technology.  ( 1 min )

The United Auto Workers criticized Ford’s move to pause work on an electric battery plant and the Consumer Confidence Index for September is expected to drop. Here’s what investors need to know today.  ( 1 min )

Bank of America warned that the boom in revenue growth for luxury-goods retailers as pandemic restrictions eased is over.  ( 1 min )

Higher oil prices likely won't cause consumer spending and gross domestic product (GDP) to decline, Goldman Sachs analysts said in a research note, and not all analysts expect oil prices to remain high.  ( 1 min )

Ford's deal with Canada's Unifor could add pressure on the Big Three automakers in ongoing negotiations with the striking United Auto Workers union in the U.S.  ( 1 min )

The S&P 500 snapped a four-day losing streak to finish 0.4% higher on Monday, Sept. 25, 2023 as oil prices fell below $90 a barrel, and ahead of a key inflation report due later in the week.  ( 1 min )

The S&P 500 snapped a four-day losing streak to finish 0.4% higher on Monday, Sept. 25, 2023 as oil prices fell below $90 a barrel, and ahead of a key inflation report due later in the week.  ( 1 min )

Ford's decision to pause construction on an EV battery plant will reverberate throughout the U.S. auto industry.  ( 22 min )

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Where the boom fueled expansion of biotech real estate in the Bay Area as developers looked to book up-and-coming companies, a protracted bust has underscored that scientific data select their own winners and losers. Here's the latest example in South City.  ( 25 min )

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Today's best CD rates are 5.80% from Credit Human for a take-your-pick term between 12 and 17 months, and 5.76% from TotalDirectBank for a 6-month CD term.  ( 21 min )

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Wall Street stocks struggled to advance on Monday, as the Federal Reserve's "higher for longer" interest rate strategy continued to pile on pressure as a US government shutdown loomed.  ( 44 min )

A German court ruled that Netflix is infringing on a Broadcom patent in the country and has ordered the company to stop streaming video in the country using Broadcom's technology.  ( 18 min )

HSBC analysts initiated coverage of hydrogen technology stocks Plug Power, Bloom Energy, and Chart industries at Buy.  ( 22 min )

Republicans in Congress have been probing Ford's battery plant in Michigan using technology from CATL, the world's largest battery maker. "We are pausing work and limiting spending on construction on the Marshall project until we’re confident about our ability to competitively operate the plant," Ford said Monday.  ( 31 min )

At age 99, Charlie Munger, vice chairman of Berkshire Hathaway Inc. and a Daily Journal board member, is a man many are eager to listen to. People tend to hang on to his every word like gospel. His decades of experience in investing, governance and law have given him a unique perspective on business and life, making his insights invaluable to anyone seeking wisdom. Don’t Miss: Goldman Sachs says: Portfolio(s) with a slice of real assets [like art] performed even better than the 60/40 over the lo  ( 34 min )

Berkshire Hathaway's HP stake has plunged in value from $5.5 billion to about $3 billion, reflecting its share sales and a 35% drop in the stock.  ( 32 min )

(Bloomberg) -- As the cross-asset selloff engulfed Wall Street last week, hedge funds ramped up their bets against stocks while one measure of their market positioning plunged the most since the March 2020 crash.Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesBonds Sink, S&P 500 Snaps Four-Day Losing Streak: Markets WrapCostco Offers Members $29 Online Health Care VisitsIndia-Canada Clash Should Be a Wake-Up CallEx-Wall Streeters Help Washing  ( 34 min )

On Friday, the United Auto Workers union announced it is expanding its strike against General Motors (NYSE: GM) and Stellantis (NYSE: STLA) while significant progress has been made in negotiations with Ford Motor (NYSE: F).While some fears eased no additional factories will be added besides the three assembly facilities that are already on strike, which are Ford truck plant in Wayne, Michigan, GM plant in Wentzville, Missouri and the Stellantis in Toledo, the deepening of the strikes is aiming a  ( 35 min )

Chipotle, Draftkings, Lam Research and eight other stocks may be underappreciated by investors, according to a screen run by Citi analysts.  ( 22 min )

(Bloomberg) -- The largest long-dated bond ETF is suffering its biggest drawdown on record as the Federal Reserve’s higher-for-longer interest rates start to sting. Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesIndia-Canada Clash Should Be a Wake-Up CallStocks Edge Up, Bonds Sink as Fed Talk Digested: Markets WrapChinese Gold Buying Is Driving a Paradigm Shift in BullionStudios’ Labor Focus Shifts to Actors With Writers Deal ClinchedThe $39  ( 33 min )

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The three-person team joins J.P. Morgan Private Bank in Seattle.  ( 22 min )

Honeywell is investing in ESS Tech, an iron flow battery company that can provide backup power storage for utilities.  ( 22 min )

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The labor strikes that have crippled Hollywood for the last five months may finally be coming to an end. Some investors aren’t clapping. A tentative deal between the  ( 25 min )

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Borrowers are feeling the financial strain.  ( 33 min )

The U.S. stock market already showed solid gains in 2023, with the S&P 500 climbing 13%. While momentum seems to have slowed as stocks pulled back recently, Bank of America believes there's more upside on the horizon. On Sept. 20, the bank raised its year-end price target on the S&P 500 from 4,300 to 4,600. Considering that the benchmark index currently sits at 4,320, the new target implies a potential upside of 6.5%. Don’t Miss: Passive income investments are one of the most trusted methods for  ( 33 min )

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An 85-year-old Indiana-based trucking and logistics company and its affiliates recently filed for Chapter 11 bankruptcy protection less than nine months after it was acquired by private-equity firm Transport Acquisitions. The post 85-year-old Indiana trucking company files for Chapter 11 appeared first on FreightWaves.  ( 32 min )

The UAW has highlighted executive pay raises at the Big Three. By one measure—the ratio of the CEO’s pay to the median worker’s—automakers have a wider pay gap than most large companies.  ( 30 min )

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One terminal of trucking giant Werner filed to join the Teamsters union. Teamsters said key organizers were terminated afterward. The post Werner subsidiary fires 4 truck drivers after union petition filing appeared first on FreightWaves.  ( 33 min )

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US chip-major Qualcomm (NASDAQ:QCOM) has refuted claims of shutting down its research and development (R&D) facility in Shanghai, China, despite admitting to plans for downsizing due to economic uncertainties and wavering demand. The company clarified its position on Monday, emphasizing that there are no plans for large-scale job cuts at the Shanghai facility, which employs nearly 393 employees.  ( 32 min )

While no one has a definitive answer to the question “How long will you live?”, coming up with an educated, realistic estimate goes a long way toward building a retirement plan that assures income security. Unfortunately, most U.S. adults lack what a new survey calls “longevity literacy,” a deficiency that can be a major retirement planning […] The post How Long Will You Live? Most People Don’t Account for This Retirement Data appeared first on SmartReads by SmartAsset.  ( 33 min )

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After setting a new 22-year high Thursday, 30-year mortgage rates have fallen a bit below their historic peak. Averages for most other loan types were also down.  ( 20 min )

The U.S. stock market showed impressive gains in 2023, and the latest gross domestic product (GDP) figure exceeded expectations. But according to "Rich Dad Poor Dad" author Robert Kiyosaki, the picture might not be as rosy as it appears. "Don't they know the stock market is up because Biden raised debt ceiling. America's debt is going up ... so stock market going up," he wrote in a recent tweet. "America is broke." The author's concern about America's escalating debt was echoed by Fitch Ratings.  ( 33 min )

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A 529 Rollover to a Roth IRA is a financial strategy where an individual transfers funds from a 529 college savings plan, designed to pay for educational expenses, into a Roth IRA. This is a retirement savings account that offers tax-free growth and withdrawals. While it might be a good opportunity to transfer leftover 529 […] The post Pros and Cons of a 529 Rollover to a Roth IRA appeared first on SmartReads by SmartAsset.  ( 34 min )

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Wall Street stocks struggled to advance on Monday, as the Federal Reserve's "higher for longer" interest rate strategy continued to pile on pressure as a US government shutdown loomed.  ( 35 min )

Forecasts for deliveries in the third quarter are due in a few days. Expectations have been falling, but the number still might miss the Wall Street consensus.  ( 22 min )

In the absence of crypto-native catalysts, traders are likely to focus on the same macroeconomic data releases this week that will move the stock market.  ( 21 min )

Guggenheim analyst John DiFucci upgraded shares of Microsoft to Neutral from Sell.  ( 22 min )

Huawei is out to prove it is in the vanguard of Beijing’s drive for self-reliance in technology.  ( 29 min )

Almost three-quarters of all seaborne Russian crude oil managed to get shipped without Western insurance in August, per a Financial Times analysis.  ( 33 min )

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(Bloomberg) -- Hedge fund managers are piling into short positions in ESG stocks as they hunt for bogus green claims and valuations inflated by record stimulus.Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesChinese Gold Buying Is Driving a Paradigm Shift in BullionIndia-Canada Clash Should Be a Wakeup CallBonds Resume Selloff as Hawkish Fed Talk Sinks In: Markets WrapHollywood Screenwriters Reach Tentative Deal to End StrikeBloated prices ca  ( 33 min )

Channel 4's chief exec blames social media and the pandemic for Gen Z’s deficiency in essential workplace diplomacy.  ( 33 min )

(Bloomberg) -- Amazon.com Inc. will invest as much as $4 billion in Anthropic, bagging a crucial partner in its effort to become a major player in generative artificial intelligence and offering a vote of confidence in the hot startup.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionIndia-Canada Clash Should Be a Wakeup CallIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesWells Fargo Preps for Wealth Battle After $1 Billion Turnaround  ( 33 min )

(Bloomberg) -- Microsoft Corp lost its only sell rating on Monday as Guggenheim upgraded its view on the software giant to neutral, citing a tailwind from generative artificial intelligence.Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesChinese Gold Buying Is Driving a Paradigm Shift in BullionIndia-Canada Clash Should Be a Wakeup CallHollywood Screenwriters Reach Tentative Deal to End StrikeStocks Fall as German Yield Climbs to 2011 High: M  ( 32 min )

Wall Street stocks struggled to advance on Monday, as the Federal Reserve's "higher for longer" interest rate strategy continued to pile on pressure as a US government shutdown loomed.  ( 34 min )

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The complaints come after investors switched following Schwab’s acquisition.  ( 26 min )

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“I knew more than anyone else about insurance risks,” Rowan recalls of his first foray into the industry. His understanding of the market led him to marry the firm he founded to a profitable insurer.  ( 33 min )

P&G hit back against criticism from a group of shareholders behind a "vote no" campaign against the reelection of the company’s leaders, including CEO and Chairman Jon Moeller.  ( 21 min )

Are you a thriving star, committed and reliable, or mildly disengaged? Here's the breakdown of the employee disengagement spectrum as RTO season kicks off.  ( 34 min )

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After the worst week since March on Wall St, three issues keep the pressure - a possible U.S. government shutdown at the end of this week, rising annual oil prices and a heavy diary of Treasury debt sales. Even before U.S. markets kick off on Monday, China's ongoing property bust threw another curve ball at stocks markets there. Shares of the ailing China Evergrande plunged 21.8% after the developer said it was unable to issue new debt due to an ongoing investigation into one of its subsidiaries, dealing a fresh blow to its restructuring plans.  ( 33 min )

Investors in the shares of Chinese property companies just can't catch a break. China Evergrande Group gave them more bad news to digest last week, when it [scrapped a debt restructuring deal](https://www.wsj.com/articles/evergrande-scraps-35-billion-restructuring-plan-as-chinas-housing-crisis-inte  ( 22 min )

The U.S. securities regulator has collected thousands of staff messages from more than a dozen major investment companies, escalating its probe into Wall Street's use of private messaging apps, said four people with direct knowledge of the matter. Previously, the Securities and Exchange Commission (SEC) had asked the companies to internally review the messages in its investigation of Wall Street's use of WhatsApp, Signal and other unapproved messaging apps to discuss work. While Reuters and other media have reported that the SEC's "off-channel" communication probe has expanded to investment advisers, its move to review thousands of their staff messages has not previously been reported.  ( 33 min )

It's a now-familiar dance: Federal Reserve officials signal to the world that interest rates are not dropping anytime soon. Financial markets respond with bets to the contrary. Forecasts published on Wednesday by the U.S. central bank showed that a majority of its policymakers see the Fed's benchmark overnight interest rate ending this year at 5.6%, which implies one more interest rate hike in the next three months.  ( 33 min )

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The world of business hasn't slowed much in the face of a lot of Fed rate hikes...and uncertainty on the rate outlook.  ( 34 min )

Wall Street doubts Google will pull its business, but the stock’s big run has made the chip maker more sensitive to market fears.  ( 26 min )

Options are derivatives that give the purchaser the right to buy or sell the underlying at a pre-determined price at a later date. Quarterly options settlements are closely watched by traders.  ( 33 min )

↗️ Warner Bros. Discovery (WBD), Paramount Global (PARA), Walt Disney (DIS): Shares of entertainment companies rose premarket after writers, stud  ( 22 min )

A relentless climb brings the 10-year Treasury note’s yield near 4.5%.  ( 27 min )

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U.S. stock futures slipped lower on Monday as the outlook for interest rates remained central after a spate of central bank decisions, with economic data due in the coming days likely to advance the narrative for markets. Futures for the Dow Jones Industrial Average retreated 60 points, or 0.2%, af  ( 14 min )

(Bloomberg) -- Consumer stocks, one of the brightest corners of the market this year, are about to lose their shine as risks build for the sector, according to Morgan Stanley’s Michael Wilson.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesIndia-Canada Clash Should Be a Wakeup CallWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundHollywood Screenwriters Reach Tentative Dea  ( 33 min )

Canadian labor union Unifor announced Sunday its members voted to ratify a three-year contract with Ford Motor, which includes gains in wages and pension plans.  ( 33 min )

Media stocks rise as striking writers reached a tentative agreement with Hollywood studios that would end a monthslong strike, while Amazon will be investing up to $4 billion in artificial-intelligence company Anthropic.  ( 22 min )

Authorities in China have ordered a senior Nomura Holdings banker overseeing the firm's investment banking operations there not to leave the mainland, two sources with knowledge of the matter said. Charles Wang Zhonghe, China investment banking chairman at Nomura, is prohibited from travelling outside the mainland, said the sources, who sought anonymity as they were not authorised to speak to media. Wang was based in Hong Kong, his LinkedIn profile showed, though his nationality was not immediately known.  ( 33 min )

(Bloomberg) -- A senior banker at Nomura Holdings Inc. has been barred from leaving China in a move connected to a long-running investigation of a top dealmaker in the country, the Financial Times reported.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionStocks Flash Recession Warning as Trouble Spreads to IndustrialsIndia-Canada Clash Should Be a Wakeup CallWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundCorzine Plans to Shut Hedge Fund and Return  ( 33 min )

The deal, which includes a broad partnership, follows Microsoft’s multibillion-dollar stake in rival startup OpenAI.  ( 28 min )

The big focus this week will be eurozone inflation figures on Friday, where any weakness could lift the dollar against the euro, Swissquote Bank said.  ( 25 min )

The S&P Semiconductors Select Industry Index has topped both price-wise and on a relative basis. That bodes poorly for the sector.  ( 21 min )

The exchange has been seeking to ensure that it can make money no matter what happens in the world of cryptocurrencies.  ( 21 min )

(Bloomberg) -- Overseas investors continue to shun Philippine equities, unloading more than $370 million in a 24-day selling streak that helped sink the Philippine Stock Exchange Index to a 3.5% slump, the worst in Southeast Asia. Withdrawals in the five-week period through Friday pushed this year’s outflow to more than $552 million.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionIndia-Canada Clash Should Be a Wakeup CallWells Fargo Preps for Wealth Battle After  ( 31 min )

Global markets have been feeling the heat as U.S. bond yields surged and a strengthened dollar hit a six-month high following the Federal Reserve's hawkish tone last week. The Federal Reserve indicated that rates would be higher for longer, while its counterparts in Britain, Switzerland and Japan were surprisingly dovish. The euro zone central bank also struck a relatively dovish tone.  ( 31 min )

Oil’s rise has inspired fresh fears from Washington to Wall Street that energy could throw off central bankers’ attempted soft landing of the American economy.  ( 27 min )

Lender is cutting jobs and hacking back top-heavy management structure  ( 6 min )

(Bloomberg) -- Chinese property shares dived Monday, as sentiment took a hit after distressed developer China Evergrande Group scrapped its key creditor meetings at the last minute and said it must revisit its restructuring plan.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionStocks Flash Recession Warning as Trouble Spreads to IndustrialsWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundIndia-Canada Clash Should Be a Wakeup CallBond Market Faces Qu  ( 32 min )

Shares in Asia were mostly lower on Monday, with Tokyo the only major regional market to advance, after Wall Street wheezed to more losses with its worst week in six months. U.S. futures and oil prices edged higher. Worries over China’s property sector, a U.S. government shutdown and the continued strike by American autoworkers were weighing on investor sentiment.  ( 34 min )

China Evergrande’s shares fell after the property developer scrapped a $35 billion debt-restructuring plan and said it is unable to issue new debt.  ( 26 min )

Shares of China Evergrande plunged as much as 24% on Monday after the embattled developer said it was unable to issue new debt due to an ongoing investigation into one of its subsidiaries, dealing a fresh blow to its restructuring plans. "In view of Hengda Real Estate Group Co Ltd, a principal subsidiary of the company, being investigated, the group is unable to meet the qualifications for the issuance of new notes under the present circumstances," Evergrande said in a statement late on Sunday. In August, Hengda Real Estate said it was being investigated by China's securities regulator for suspected violation over the disclosure of information.  ( 32 min )

(Bloomberg) -- China Evergrande Group is running out of time to get what would be one of the nation’s biggest-ever restructurings back on track, after setbacks in recent days that raise the risk of liquidation.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionStocks Flash Recession Warning as Trouble Spreads to IndustrialsWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundIndia-Canada Clash Should Be a Wakeup CallBond Market Faces Quandary After Fed Si  ( 34 min )

(Bloomberg) -- Oil climbed for a second day as hedge funds piled on bets that tightening supplies will see a resumption of the rally after a pause last week.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionStocks Flash Recession Warning as Trouble Spreads to IndustrialsWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundBond Market Faces Quandary After Fed Signals It’s Almost DoneUS to Keep a Distance From India-Canada Dispute, Signum’s Myers SaysWest  ( 32 min )

Bitcoin fell Monday morning in Asia to trade below US$26,300. Ether also dipped and remained below the US$1,600 mark. All top 10 non-stablecoin tokens dropped.  ( 33 min )

Oil prices rose on Monday as investors focused on a tighter supply outlook after Moscow issued a temporary ban on fuel exports while remaining wary of further rate hikes that could dampen demand. Brent crude futures climbed 48 cents, or 0.5%, to $93.75 a barrel by 0110 GMT after settling 3 cents lower on Friday. "Crude oil prices have started the week on the front foot, as the market continues to digest Russia's temporary ban on diesel and gasoline exports, into an already tight market, offset with the Fed's hawkish message that rates will stay higher for longer," IG Markets analyst Tony Sycamore said.  ( 32 min )

Oil futures were higher in the morning Asian session amid ongoing supply issues.  ( 25 min )

The yen approached the closely watched 150 per dollar level on Monday and kept traders on intervention watch after the Bank of Japan and Governor Kazuo Ueda quashed hopes of any imminent move away from its stark ultra-loose monetary policy. In the broader currency market, the dollar was on the front foot, extending its gains from last week after a still-hawkish Federal Reserve surprised markets by signalling U.S. rates would need to stay higher for longer than initially expected. The yen fell to a more than 10-month low of 148.49 per dollar and remained within striking distance of 150, a level which some market watchers saw as a line in the sand that would spur forex intervention from Japanese authorities similar to that of last year's.  ( 33 min )

(Bloomberg) -- Asian equities were poised for a cautious open while the dollar traded in narrow ranges versus its major peers early Monday as investors weighed the Federal Reserve’s higher-for-longer stance.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundStocks Flash Recession Warning as Trouble Spreads to IndustrialsBond Market Faces Quandary After Fed Signals It’s Almost DoneUS to Keep a Distance F  ( 33 min )

No-load life insurance is an option where no commission is paid for initiating or servicing the policy.  ( 22 min )

With I bond rates now much lower and cash-outs possible after one year, it's a smart time to move your money into one of today's historically high-paying CDs.  ( 19 min )

A joint-life payout is a structure for pensions and retirement plans that continues providing income to a surviving spouse after the account holder dies.  ( 22 min )

Buying a car from a dealership can be stressful, but it doesn’t have to be. Follow our step-by-step guide to buy a new car with confidence.  ( 25 min )

A PLUS loan is a federal loan for higher education, available to parents of undergraduates and also to graduate and professional students.  ( 25 min )

Subscriber growth has slowed, especially in the United States and Canada, while Latin America revenue continues to surge.  ( 23 min )

Today's best CD rates are 5.80% from Credit Human for a take-your-pick term between 12 and 17 months, and 5.76% from TotalDirectBank for a 6-month CD term.  ( 19 min )

The S&P 500 snapped a four-day losing streak to finish 0.4% higher on Monday, Sept. 25, 2023 as oil prices fell below $90 a barrel, and ahead of a key inflation report due later in the week.  ( 16 min )

The International Securities Association for Institutional Trade Communication (ISITC) is an organization promoting greater financial market efficiency.  ( 19 min )

Alcoa shares tumbled after the aluminum producer announced EVP and COO William Oplinger has taken over as CEO, replacing Roy Harvey, who held the post since Alcoa split into two independent companies in 2016.  ( 17 min )

Denmark’s Novo Nordisk struck a deal with U.S.-based health tech firm Valo Health to use AI to discover and develop treatments for cardiometabolic diseases such as heart attack, stroke, and diabetes.  ( 17 min )

Re-entry term insurance offers a low rate for a fixed period, after which you must pass a medical exam to keep the low rate. Here's how it works.  ( 22 min )

A German court ruled that Netflix is infringing on a Broadcom patent in the country and has ordered the company to stop streaming video in the country using Broadcom's technology.  ( 16 min )

Diana Henriques, author of the new book, Taming the Street: The Old Guard, The New Deal, and FDR's Fight to Save American Capitalism, joins the show to talk about how President Franklin Delano Roosevelt and a small group of men revolutionized Wall Street after the crash of 1929.  ( 15 min )

Higher oil prices likely won't cause consumer spending and gross domestic product (GDP) to decline, Goldman Sachs analysts said in a research note, and not all analysts expect oil prices to remain high.  ( 18 min )

Italexit, a portmanteau of "Italy" and "exit," is the Italian version of Brexit where the EU's third largest economy leaves the European Union.  ( 20 min )

Life expectancy is defined as the age to which a person is expected to live, or the remaining number of years a person is expected to live.  ( 23 min )

Experts debate the effects raising the minimum wage has on workers, employers, and the overall job market.  ( 25 min )

An inverse head and shoulders, also called a head and shoulders bottom or a reverse head and shoulders, is inverted with the head and shoulders top used to predict reversals in downtrends.  ( 30 min )

Ford's deal with Canada's Unifor could add pressure on the Big Three automakers in ongoing negotiations with the striking United Auto Workers union in the U.S.  ( 17 min )

Cash awards are awards given to employees in the form of money or another asset, such as stock, that can be turned in for cash.  ( 20 min )

Cash wages are compensation for employees that come in the form of spendable money.  ( 20 min )

An explanation of how traders can use the Commodity Channel Index (CCI) to evaluate buy and sell signals based on price trends over various timeframes.  ( 27 min )

Bank of America warned that the boom in revenue growth for luxury-goods retailers as pandemic restrictions eased is over.  ( 16 min )

The income effect is the impact of higher purchasing power on consumption, while the substitution effect measures how consumption is affected by changing income and prices.  ( 20 min )

U.S. equities were mixed at midday on Monday, Sept. 25, 2023, with bond yields rising while oil prices lost ground.  ( 18 min )

Jefferies warned that sales for Nike and other retailers could be hurt as the moratorium on student loan repayments ends.  ( 17 min )

The securitization of mortgages into asset-backed securities fueled risk taking, and eventually brought Wall Street to its knees when the U.S. real estate bubble burst.  ( 19 min )

Mean reversion is a financial theory positing that asset prices and historical returns eventually revert to their long-term mean or average level.  ( 28 min )

Capitalism promotes free market conditions, whereas socialism incorporates certain elements of centralized economic planning.  ( 36 min )

The U.S. Securities and Exchange Commission (SEC) on Monday fined DWS Securities, a subsidiary of Deutsche Bank (DB), a combined $25 million for misstatements regarding its ESG reporting and failure to set up an anti-money laundering program.  ( 18 min )

Repayment is the act of settling a debt according to a loan's terms. typically through recurring payments over a set period of time.  ( 28 min )

A number of Americans of Latin heritage have founded highly successful financing ventures and developed significant personal wealth in the the process. Here’s a look at six of the most prominent ones.  ( 24 min )

Carlos Slim Helú is one of the richest people in the world. Here's how the business magnate did it.  ( 32 min )

The Supreme Court blocked the Biden-Harris administration's one-time student loan forgiveness plan. Is loan forgiveness off the table? New relief plans give a new avenue.  ( 23 min )

Looking to be a holistic provider of AI solutions, Amazon is investing $4 billion into a startup founded by former OpenAI employees.  ( 17 min )

Booking Holdings said Monday it plans to appeal EU regulators' veto of its acquisition of Etraveli Group, a Swedish online travel agency that specializes in tracking flights.  ( 17 min )

After setting a new 22-year high Thursday, 30-year mortgage rates have fallen a bit below their historic peak. Averages for most other loan types were also down.  ( 19 min )

Shares of major media companies fluctuated after Hollywood writers reached a tentative agreement with major studios, while actors continue to strike.  ( 17 min )

In general, buying options is a less risky strategy than selling them -- although sellers can also take steps to mitigate their risk.  ( 25 min )

A tentative agreement to end the Hollywood writers’ strike sent shares of media companies higher and Amazon is investing $4 billion in OpenAI rival Anthropic. Here’s what investors need to know today.  ( 19 min )

Some electric car owners are now experiencing higher costs to power their vehicles than to fill up their gas-powered equivalents — if you calculate the costs a certain way.  ( 20 min )

The period of indemnity is the length of time for which benefits are payable under an insurance policy. The period of indemnity is usually the most critical component of quantifying the business interruption loss.  ( 21 min )

Most electric car owners charge their vehicles at home rather than at public charging stations. Here’s what you’ll pay for electricity and equipment.  ( 20 min )

Household income, as defined by the Census Bureau, is the total gross income of all people occupying the same housing unit who are 15 years and older.  ( 24 min )

Home warranties are service contracts that act like insurance to help pay to repair or replace appliances or systems that break down in your home. Learn how they work.  ( 26 min )

Life insurance premium financing lets high net worth individuals buy costly insurance without liquidating assets, but there are risks involved.  ( 22 min )

Home appraisals do not last forever. Depending on the type of loan and housing market, an appraisal may be good for several months or only 30 days. Learn the rules here.  ( 21 min )

Find out how your life insurance policy can be a great tool for charitable giving.  ( 21 min )

Commercial health insurance is health insurance provided and administered by public and private companies rather than by the government.  ( 23 min )

There's a good chance you've heard of Fannie Mae but do you know what it does? Learn more about this government-sponsored enterprise and how it operates.  ( 26 min )

The Federal Funds Rate and the London Interbank Offered Rate (LIBOR) are two of the most prominently featured interest rates in the U.S. and abroad.  ( 21 min )

The physical notes or currency of a country that is used as a medium of exchange is known as paper money.  ( 19 min )

The Fisher College of Business is the business school at Ohio State University, located in Columbus, Ohio.  ( 19 min )

Beta can help investors determine whether a stock's price will tend to fluctuate with the market, indicating that it has systematic risk.  ( 23 min )

Roger B. Myerson is an American economist and was awarded the 2007 Nobel Memorial Prize in Economic Sciences.  ( 20 min )

The term weightless economy refers to the trade of products and services that are abstract or intangible, such as professional services.  ( 20 min )

The Robinson-Patman Act is a federal law passed in 1936 to outlaw price discrimination. It amends the 1914 Clayton Antitrust Act.  ( 21 min )

The Four Asian Tigers define the high-growth economies of Hong Kong, Singapore, South Korea, and Taiwan.  ( 20 min )

The theory of price is an economic theory that states that the price of a good or service is based on the relationship between its supply and demand.  ( 22 min )

Political lobbying is again at a heightened spend level, and again being criticized; making it important to remember lobbying's legality and importance.  ( 22 min )

General Agreements to Borrow (GAB) was a lending medium offered through the International Monetary Fund by the Group of Ten countries.  ( 21 min )

Ruim vier op de tien Nederlanders deden vorig jaar minimaal één keer vrijwilligerswerk. Dat aantal is nog altijd kleiner dan voor corona, toen bijna de helft van de Nederlanders zich weleens belangeloos inzette.  ( 3 min )

Air France-KLM heeft een overeenkomst gesloten voor de levering van vijftig nieuwe vliegtuigen van Airbus. Het gaat om het type A350, dat volgens KLM geldt als "het zuinigste en stilste model van zijn generatie".  ( 3 min )

Netbeheerder TenneT heeft een raamovereenkomst getekend met een totaalwaarde van 1,9 miljard euro voor de levering van compensatiespoelen en vermogenstransformatoren aan Nederland en Duitsland. De spoelen en transformatoren zijn volgens TenneT nodig voor de optimalisatie en het onderhoud van het hoogspanningsnet.  ( 3 min )

Scrubbolletjes, rubberkorrels voor kunstgrasvelden en andere moedwillig toegevoegde zogeheten microplastics worden in de Europese Unie verboden. De Europese Commissie wil tegengaan dat de minuscule plasticdeeltjes in de natuur terechtkomen en de gezondheid van mens en dier schaden.  ( 3 min )

De NS wil reizigers tegemoetkomen met een compensatie als ze geen andere keuze hebben dan reizen tijdens de spits. De spitsheffing heeft niet als doel om meer geld in het laatje van de NS te brengen, benadrukt het spoorbedrijf.  ( 4 min )

Big Bazar krijgt van de rechter opnieuw niet meer tijd om afspraken te maken met schuldeisers. De advocaat van de keten gaat ervan uit dat dinsdag het faillissement wordt uitgesproken.  ( 4 min )

LEGO schrapt een plan om legosteentjes te gaan maken van gerecyclede plastic flessen. In plaats daarvan wil de Deense speelgoedfabrikant ander materiaal zoeken om de CO2-uitstoot mee terug te dingen.  ( 3 min )

Booking.com mag het Zweedse online reisbureau Etraveli niet overnemen. Dat maakte de Europese Commissie maandag bekend. De overname zou Booking te machtig maken.  ( 3 min )

Veel Amerikaanse overheidsdiensten dreigen over enkele dagen te moeten sluiten omdat er geen geld meer voor is. Om dit te voorkomen moet de politiek overeenstemming bereiken over het aangaan van nieuwe schulden, maar dat akkoord laat op zich wachten.  ( 4 min )

De Consumentenbond stapt naar de rechter vanwege de beperkte geldigheid van de hotelvouchers van Fletcher Hotels. Ook is het bedrijf volgens de bond niet eerlijk over het aanbod en de verplichte kosten die bij een overnachting komen kijken.  ( 4 min )

Wie in de spits reist, betaalt in de toekomst mogelijk 2,50 euro extra voor zijn treinrit. Met deze spitsheffing, die alleen moet gelden op drukke trajecten, wil de NS reizigers stimuleren om op andere momenten te reizen.  ( 4 min )

De opleiding tot rijleraar trekt een groot aantal zijinstromers die eerder in de horeca, sales of in een winkel werkten. Al die zijinstromers zijn zeer welkom, nu de vergrijzing onder rijinstructeurs toeslaat.  ( 3 min )

Op NU.nl vind je elke dag een stelling die bij het nieuws past. Steeds meer bedrijven proberen bij het maken van chocola zoveel mogelijk slaafvrije cacao te gebruiken. Na Tony's Chocelonely, Ben & Jerry's, PLUS en Albert Heijn gaat de HEMA slaafvrije chocola gebruiken, in dit geval bij de paaseitjes. Vandaag is de stelling: 'Ik koop alleen maar chocola van eerlijke cacao.'  ( 3 min )

KLM heeft met pilotenvakbond VNV een cao-akkoord op hoofdlijnen gesloten. Daardoor gaat een geplande werkonderbreking van de vliegers maandag niet door, stelt de luchtvaartmaatschappij.  ( 3 min )

HEMA stapt over op cacaoboeren die zijn aangesloten bij een netwerk dat zich inzet tegen de uitbuiting in de cacao-industrie. In de loop van volgend jaar moeten alle HEMA-chocolaatjes gemaakt worden van traceerbare cacao.  ( 3 min )

Onze buurlanden zorgen dit jaar voor veel toerisme. De grootste stijging komt uit het oosten: maar liefst zeven miljoen mensen uit Duitsland trekken de grens naar Nederland over.  ( 4 min )

Booking Holdings said Monday it plans to appeal EU regulators' veto of its acquisition of Etraveli Group, a Swedish online travel agency that specializes in tracking flights.  ( 1 min )

Looking to be a holistic provider of AI solutions, Amazon is investing $4 billion into a startup founded by former OpenAI employees.  ( 1 min )

Jefferies warned that sales for Nike and other retailers could be hurt as the moratorium on student loan repayments ends.  ( 1 min )

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Before you obtain a real estate license in Florida, you will need to complete specific coursework, take an exam, and pass a background check.  ( 24 min )

Retirement expenses such as health insurance, home renovations, and a new car could drain your funds if you don't plan for them now.  ( 27 min )

Real estate agents in New York are among the highest paid in the nation.  ( 24 min )

One of the most important topics in retirement is Medicare. Here is the lowdown on how it works and what it may cost you.  ( 28 min )

The Employment Cost Index (ECI) is a quarterly economic series that measures the growth of total employee compensation.  ( 21 min )

Price to tangible book value (PTBV) measures a company's market value relative to the hard or tangible assets reported on its balance sheet.  ( 21 min )

These techniques can help you pass the Series 6 exam without the added stress. Here are six tips to get you ready.  ( 23 min )

From stimulus checks to quantitative easing, here’s what governments and central banks are doing around the world to provide stimulus and relief.  ( 87 min )

Unfair trade practice refers to the use of various deceptive, fraudulent, or unethical methods to obtain business.  ( 19 min )

Investment banks provide financial advice to businesses and governments and help them raise capital through the sale of stocks, bonds, and other products.  ( 21 min )

The Sick Industrial Companies Act (SICA) was a key piece of legislation introduced in 1985 to deal with the issue of rampant industrial sickness in India.  ( 19 min )

Former congresswoman Marcia Fudge is the current U.S. secretary of Housing and Urban Development (HUD).  ( 23 min )

Brady might have hung up his jersey for good, but the 7x Super Bowl champion is plenty busy off the field. Brady has a net worth of $300 million, according to Celebrity Net Worth, thanks to his decades-long career as a star quarterback in the NFL, and a series of lucrative businesses and investments in sports teams.  ( 19 min )

If you’re completely financially independent from your parents since you were a kid, you’re firmly in the minority.  ( 17 min )

In 1985, the G-5 nations signed an agreement to devalue the United States currency and correct the GDP. It worked, but there were casualties.  ( 23 min )

One in five retirees is working for financial and mental benefits, according to a T. Rowe Price study.  ( 18 min )

The Caribbean Free Trade Association (CARIFTA) is a multilateral free-trade area composed of Caribbean nations and dependencies that existed from 1965 to 1972.  ( 19 min )

Understand how difficult it is to break into the field of private equity, and increase your chances by preparing early and following these tips.  ( 23 min )

Convertible preferred stock is a hybrid security that gives holders the option to convert their preferred stock into common shares after a defined date.  ( 24 min )

A debt bomb occurs when a borrower defaults on its obligations, sending ripples throughout the global financial system.  ( 19 min )

If you are pondering a midlife career change that involves a transition into finance, then here are a few tips that will help.  ( 26 min )

It's easy for some people to become millionaires. But what if you don't have a high-paying job or family money? You still can make it.  ( 28 min )

A void contract is a formal agreement that is illegitimate and unenforceable from the moment it is created. Learn more about what makes a contract void.  ( 21 min )

Hyperinflation is an extreme case of monetary devaluation that is so rapid and out of control that the normal concepts of value and prices are meaningless.  ( 21 min )

(Bloomberg) -- The impact of a deeper economic deterioration in China will be mainly felt in Australia through weaker trade and reduced risk appetite in financial markets, Australian regulators said in a quarterly statement.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundStocks Flash Recession Warning as Trouble Spreads to IndustrialsBond Market Faces Quandary After Fed Signals It’s Almost DoneUS to  ( 31 min )

Retirement expenses such as health insurance, home renovations, and a new car could drain your funds if you don't plan for them now.  ( 27 min )

Investors have been buoyed this year by the fact that a mooted recession has failed to materialize. However, Morgan Stanley’s chief U.S. equity strategist, Mike Wilson, says that it does not mean the prospect of one taking place has completely evaporated. “While the investor sentiment pendulum on a recession arriving in 2023 has swung from roughly ’70/30′ to ’30/70′ over the past 6 months based on our dialogue, there is more debate on whether we have avoided it altogether – i.e., soft/no landing  ( 36 min )

The Conference Board reports the September Consumer Confidence Index on Tuesday, and the Bureau of Labor Statistics releases the personal-consumption expenditures price index for August on Friday.  ( 21 min )

Asia kicks off the last week of the quarter on Monday, with markets badly bruised by the surge in U.S. bond yields following the Federal Reserve's hawkish pause last week and investors looking to get through the week without any further whiplash. Benchmark two- and 10-year Treasury yields are the highest since 2006-07, 10-year real yields have broken above 2%, and asset markets around the world are buckling under the higher-for-longer U.S. rate outlook. The dollar is strengthening as a result, and as emerging market investors are all too aware, the combination of high U.S. debt servicing costs and a strong dollar are rarely a welcome combination.  ( 32 min )

(Bloomberg) -- Oil’s move higher is making waves around the world as supplies buckle amid a growing appetite for crude and petroleum products, threatening to complicate the task of central bankers in their efforts to tame inflation. Meanwhile, the International Energy Agency hosts three events this week in Paris focused on the energy transition, including one on critical minerals Thursday.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionWells Fargo Preps for Weal  ( 34 min )

Investing.com - The stock market's September turbulence appears to be unfolding as expected. Historical patterns, including election year cycles and ten-year cycles, suggest that the final quarter of the year could see a robust performance.  ( 32 min )

US consumers have accumulated $1 trillion of credit card debt. That sounds like a lot, but it's not an excessive amount, experts say.  ( 34 min )

Some borrowers fear what's next as student loan payments resume in October. They're searching for answers and ways to trim their spending.  ( 41 min )

Earnings reports from Costco, Cintas, Micron, Accenture, CarMax, Nike, and Carnival. Plus, core PCE inflation data, consumer confidence, and more.  ( 22 min )

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(Bloomberg) -- US small-cap and industrial stocks are dropping, typically signals of a recession, but in a year where equities have already beaten expectations some investors are dismissing the moves as little more than noise — for now.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundUS to Keep a Distance From India-Canada Dispute, Signum’s Myers SaysBond Market Faces Quandary After Fed Signals It’s A  ( 34 min )

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If you contribute to a tax-advantaged retirement account at work or a traditional IRA, Required Minimum Distributions (RMDs) are something you'll need to factor into your financial plan. These distributions are minimum amounts you're required to withdraw from your retirement … Continue reading → The post Is an RMD Needed If You're Still Working? appeared first on SmartAsset Blog.  ( 34 min )

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Cash investments are seeing some of the largest yields in more than decade.  ( 34 min )

Canadian labor union Unifor said on Sunday its members had voted to ratify a new contract with Ford Motor, a relief for the Detroit automaker locked in a separate tussle with its U.S. union over demands for better pay and benefits in the country.  ( 31 min )

Americans owe over $1.7 trillion in federal student loan debt with a million borrowers defaulting every year.  ( 33 min )

A stacked calendar with inflation data and updates on several macro economic headwinds awaits investors in the week ahead.  ( 37 min )

Regardless of if you’re trading for the short term or investing for the long term, making money in the stock market is a process. And processes involve time.  ( 36 min )

(Bloomberg) -- Jon Corzine will shutter the hedge fund he started after the collapse of MF Global Holdings, marking the end of his bid to rebound from one of the largest bankruptcies in US history. Most Read from BloombergWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundUS to Keep a Distance From India-Canada Dispute, Signum’s Myers SaysBond Market Faces Quandary After Fed Signals It’s Almost DoneChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseRaw Meat-Eating Liver King  ( 31 min )

Employers are stepping up monitoring of in-office attendance, though efforts can alienate workers or prove difficult to implement.  ( 27 min )

One in five retirees is working for financial and mental benefits, according to a T. Rowe Price study.  ( 19 min )

BEIJING (Reuters) -China Evergrande said on Sunday that in view of an investigation into Hengda Real Estate Group, its flagship onshore unit, it was unable to meet qualifications for the issuance of new notes under its debt restructuring plan. The Evergrande unit was being probed by the Chinese securities regulator for suspected violation of information disclosure. "Holders of the company’s securities and potential investors of the company are advised to exercise caution when dealing in the securities of the company," Hui Ka Yan, chairman of China Evergrande Group, said in the Sunday filing to the Hong Kong Stock Exchange.  ( 32 min )

Davidson Kempner Capital Management initiated positions in Exxon, Domino’s, and Coca-Cola, and exited CVS stock in the second quarter.  ( 22 min )

(Bloomberg) -- Just a couple of months ago, emerging-market assets were all the rage as inflation eased and interest rate-cut bets surfaced. The trade has all but fizzled out. Most Read from BloombergWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundUS to Keep a Distance From India-Canada Dispute, Signum’s Myers SaysBond Market Faces Quandary After Fed Signals It’s Almost DoneChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseRaw Meat-Eating Liver King And Other Health Infl  ( 33 min )

Arm, Instacart and Klaviyo all popped on their first day of trading, but their performance since then has been more muted.  ( 27 min )

Despite the threat of China’s triggering a worldwide crisis as Russia did in 1998, emerging markets are much more resilient now. It doesn’t mean investors will profit from them.  ( 26 min )

Too many consumers settle for savings accounts that pay almost no interest. High-yield alternatives aren't hard to find.  ( 34 min )

Jeremy Hunt cheered falling inflation numbers last week, claiming the data showed his plan to fix the economy was working.  ( 34 min )

(Bloomberg) -- What determines the price of gold? For much of the past decade the answer was easy: the price of money. The lower rates fell, the higher gold climbed, and vice versa.Most Read from BloombergWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundUS to Keep a Distance From India-Canada Dispute, Signum’s Myers SaysBond Market Faces Quandary After Fed Signals It’s Almost DoneChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseRaw Meat-Eating Liver King And Other Health  ( 34 min )

China Reform Holdings Corp, a Chinese manager of state assets, plans to raise at least 100 billion yuan ($13.70 billion) for a fund that will invest in emerging industries, the China Business News reported on Sunday. China's state-owned enterprises (SOEs) have been ramping up investment in emerging and strategic industries such as artificial intelligence, new energy, new materials and biotech as part of Beijing's SOE reforms. China Reform Holdings was set up in 2021 and tasked with deepening SOE reforms.  ( 31 min )

High claim losses have driven up insurance costs for plenty of homeowners in the Golden State.  ( 32 min )

Economists expect sales of new homes to have fallen in August. The government's monthly measure is due Tuesday.  ( 22 min )

(Bloomberg) -- Singapore became the biggest investor in Japan’s real estate sector this year, lured by the yen’s weakness and growing demand in logistics and hospitality industries, according to Knight Frank LLP.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundUS to Keep a Distance From India-Canada Dispute, Signum’s Myers SaysBond Market Faces Quandary After Fed Signals It’s Almost DoneStocks Flash R  ( 32 min )

Pentwater Capital predicted that FTC efforts to block big deals would fail.  ( 28 min )

Japan’s government is on a mission to get the country’s cash-hoarding households to invest more.  ( 29 min )

U.S. Central Bank Telegraphs One More Interest Rate Hike In 2023  ( 32 min )

SEOUL (Reuters) -South Korea's LG Chem Ltd has entered a partnership with China's Huayou Group's subsidiary Youshan, it said on Sunday, to build a joint electric vehicle (EV) battery material plant in Morocco to diversify its portfolio. Huayou has joined the growing number of Chinese electric vehicle and battery companies seeking to expand overseas to get closer to their foreign clients and benefit from local incentives. In a separate statement, Huayou's listed unit Zhejiang Huayou Cobalt Co said it intended to build plants with LG Chem in Indonesia and Morocco under a strategic partnership to promote international growth.  ( 33 min )

The city’s new landmarks are struggling office buildings and a shopping mall losing tenants.  ( 23 min )

KLM zegt een akkoord op hoofdlijnen te hebben gesloten met pilotenvakbond VNV over een nieuwe cao. Daardoor gaat een geplande werkonderbreking van de vliegeniers maandag niet door, stelt de luchtvaartmaatschappij.  ( 3 min )

Frankrijk stapt helemaal uit de steenkoolsector. Tegen 2027 moeten de laatste twee op steenkool draaiende elektriciteitscentrales van het land zijn omgebouwd. Dat heeft president Emmanuel Macron zondag bekendgemaakt. Daarnaast wil hij dat de brandstofindustrie de producten tegen kostprijs aanbiedt.  ( 3 min )

De Tsjechische miljardair Daniel Kretínský verkoopt zijn belang in de Franse krant Le Monde. Zijn aandelen gaan over naar de Franse zakenman Xavier Niel, die al grootaandeelhouder in het nieuwsmedium was.  ( 3 min )

Een goede smartphone hoeft niet duur te zijn. In de prijsklasse van 350 tot 500 euro zijn veel goede telefoons verkrijgbaar. De OnePlus Nord 3 5G, Google Pixel 7a en Samsung Galaxy A54 5G zijn volgens Tweakers op dit moment de beste smartphones in dit prijssegment.  ( 3 min )

De Duitse bouwsector heeft 50 miljard euro aan stimuleringsmaatregelen nodig om uit het slop te komen, betoogt vakbond IGBAU. Hogere rentes en sterk gestegen materiaalkosten drukken zwaar op de Duitse bouw.  ( 3 min )

Als kunstmatige intelligentie ergens goed in is, dan is het wel taalverwerking. Je kunt ermee chatten, maar AI kan ook vertalen. Dat klinkt als een bedreiging voor professionele vertalers, maar bij het Nederlands Genootschap van Tolken en Vertalers (NGTV) maken ze zich nog niet druk.  ( 4 min )

Het minimumloon gaat omhoog naar 13,50 euro per uur, maar sommige partijen en vakbonden willen dit bedrag nog verder verhogen. Ze opperen een minimum van 14, 16 of zelfs 18 euro per uur. Dat klinkt als een sympathiek plan, maar experts hebben hun bedenkingen.  ( 5 min )

Tech stocks tend to fall early in tightening cycles but rebound and recover losses later on.  ( 1 min )

The Asian Infrastructure Investment Bank (AIIB) is a Beijing-based multilateral development bank that finances infrastructure projects in Asia.  ( 23 min )

The majority of Medicare recipients receive benefits when they turn 65, but you may be eligible at a younger age if you have a qualifying disability, ESRD, or ALS.  ( 24 min )

The Vatican is the smallest country in the world, and has an economy shrouded in secrecy. Here are some little known facts that will give you a peek into the mysterious world of the Vatican's finances.  ( 26 min )

While a falling unemployment rate sounds like a good thing, it can actually be indicative of people leaving the labor force because they can't find a job.  ( 23 min )

The Consumer Financial Protection Bureau (CFPB) is a regulatory agency charged with overseeing financial products and services that are offered to consumers.  ( 21 min )

Management fees are the price charged by fund managers to invest capital on behalf of clients. The fee covers managers for their time and their expertise.  ( 22 min )

A Keltner Channel is a set of bands placed above and below an asset's price. The bands are based on volatility and can aid in determining trend direction and provide trade signals.  ( 24 min )

A lot is amount of securities bought in a single transaction on an exchange. A round lot is typically 100 shares but investors don't have to buy in round lots.  ( 25 min )

A bond quote is the price at which a bond is trading. It's typically expressed as a percentage of par value with the percentage converted to a point scale.  ( 22 min )

Bond futures oblige the contract holder to purchase a bond on a specified date at a predetermined price.  ( 24 min )

Tech stocks tend to fall early in tightening cycles but rebound and recover losses later on.  ( 18 min )

The CFA Institute is an international organization that serves investment management professionals with education, ethics, and certification programs.  ( 21 min )